(GGB) Gerdau S complete technical analysis [charts+indicators] | Buy/Sell Gerdau S | (GGB) share price targets
Complete technical analysis of Gerdau S (GGB) by charts plus indicators, forecast predictions and share price targets for Gerdau S (GGB)
Gerdau S trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-05-01 View latest technical analysis
10 day averaged volume of Gerdau S is 9633890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 3.51 | 3.50 | 3.56 | 3.48 | 0.374 times |
| 30 Tue Apr 2024 | 3.48 | 3.55 | 3.56 | 3.48 | 0.734 times |
| 29 Mon Apr 2024 | 3.60 | 3.60 | 3.64 | 3.59 | 0.546 times |
| 26 Fri Apr 2024 | 3.61 | 3.55 | 3.63 | 3.52 | 0.716 times |
| 25 Thu Apr 2024 | 3.49 | 3.48 | 3.53 | 3.47 | 1.698 times |
| 24 Wed Apr 2024 | 3.56 | 3.68 | 3.68 | 3.53 | 1.194 times |
| 23 Tue Apr 2024 | 3.66 | 3.69 | 3.74 | 3.65 | 1.016 times |
| 22 Mon Apr 2024 | 3.80 | 3.66 | 3.87 | 3.62 | 1.672 times |
| 19 Fri Apr 2024 | 3.66 | 3.57 | 3.70 | 3.56 | 0.964 times |
| 18 Thu Apr 2024 | 3.57 | 3.61 | 3.64 | 3.55 | 0.716 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.6, but if it comes above 3.6, then a intra day buy could be more profitable.
If you take a sell trade below 3.6, then use 3.6 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.6 as stoploss and 4.02 as target.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 3.47 |
| Upside Target | 3.55 |
| Upside Target | 3.64 |
| Upside Target | 3.87 |
| Upside Target | 4.11 |
| Upside Target | 4.30 |
| Upside Target | 4.45 |
| Upside Target | 4.49 |
| Upside Target | 4.54 |
| Upside Target | 4.65 |
| Upside Target | 4.66 |
| Upside Target | 4.90 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.45 |
| Downside Intraday Target | 3.38 |
| Upside Intraday Target | 3.61 |
| Upside Intraday Target | 3.7 |
| Upside Intraday Target | 3.54 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 3.51 | 3.60 | 3.64 | 3.48 | 0.263 times |
| 26 Fri Apr 2024 | 3.61 | 3.66 | 3.87 | 3.47 | 1.085 times |
| 19 Fri Apr 2024 | 3.66 | 4.38 | 4.54 | 3.55 | 1.609 times |
| 12 Fri Apr 2024 | 4.32 | 4.56 | 4.65 | 4.30 | 0.842 times |
| 05 Fri Apr 2024 | 4.50 | 4.42 | 4.66 | 4.36 | 2.303 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Gerdau S (GGB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 3.51 | 3.50 | 3.56 | 3.48 | 0.018 times |
| 30 Tue Apr 2024 | 3.48 | 4.42 | 4.66 | 3.47 | 1.47 times |
| 28 Thu Mar 2024 | 4.42 | 4.47 | 4.49 | 4.11 | 1.203 times |
| 29 Thu Feb 2024 | 4.31 | 4.26 | 4.45 | 4.11 | 0.932 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Gerdau S (GGB)
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gerdau S in short term and the sell signal is strong.
Gerdau S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Gerdau S is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.61 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Gerdau S (GGB) stock. Volume based technical analysis of Gerdau S (GGB) stock is negative.
Gerdau S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gerdau S in short term and the sell signal is strong.
Gerdau S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Gerdau S is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.61 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Gerdau S (GGB) stock. Volume based technical analysis of Gerdau S (GGB) stock is negative.
Gerdau S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.