(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 2024-05-20 View latest technical analysis
10 day averaged volume of Gerdau S is 11635266
Date | Daily Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 3.74 | 3.78 | 3.79 | 3.71 | 0.378 times |
17 Fri May 2024 | 3.84 | 3.92 | 3.95 | 3.83 | 0.474 times |
16 Thu May 2024 | 3.97 | 3.93 | 4.04 | 3.86 | 2.928 times |
15 Wed May 2024 | 3.86 | 3.73 | 3.87 | 3.71 | 2.214 times |
14 Tue May 2024 | 3.74 | 3.77 | 3.79 | 3.72 | 0.658 times |
13 Mon May 2024 | 3.72 | 3.71 | 3.75 | 3.70 | 0.54 times |
10 Fri May 2024 | 3.66 | 3.74 | 3.74 | 3.65 | 0.582 times |
09 Thu May 2024 | 3.72 | 3.68 | 3.76 | 3.68 | 0.544 times |
08 Wed May 2024 | 3.78 | 3.72 | 3.79 | 3.72 | 0.446 times |
07 Tue May 2024 | 3.79 | 3.85 | 3.88 | 3.74 | 0.729 times |
My analysis of stock is bullish for shortterm, and stock might move up till 3.8 or till 4. Use a stoploss of 3.7 and if this stock hits its stoploss, then it can fall down till 3.57
Share price targets for Gerdau S (GGB)
Target Type | Value |
Downside Target | 3.47 |
Downside Target | 3.65 |
Upside Target | 3.79 |
Upside Target | 3.87 |
Upside Target | 4.04 |
Upside Target | 4.11 |
Upside Target | 4.15 |
Upside Target | 4.45 |
Upside Target | 4.49 |
Upside Target | 4.66 |
Upside Target | 4.90 |
Intraday share price targets for Gerdau S (GGB)
Target Type | Value |
Downside Intraday Target | 3.7 |
Downside Intraday Target | 3.67 |
Upside Intraday Target | 3.78 |
Upside Intraday Target | 3.83 |
Upside Intraday Target | 3.75 |
Weekly technical analysis of Gerdau S (GGB)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 3.74 | 3.78 | 3.79 | 3.71 | 0.056 times |
17 Fri May 2024 | 3.84 | 3.71 | 4.04 | 3.70 | 2.139 times |
10 Fri May 2024 | 3.66 | 3.87 | 3.90 | 3.65 | 0.626 times |
03 Fri May 2024 | 3.80 | 3.60 | 3.88 | 3.48 | 0.977 times |
26 Fri Apr 2024 | 3.61 | 3.66 | 3.87 | 3.47 | 1.085 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 |
20 Mon May 2024 | 3.74 | 3.50 | 4.04 | 3.48 | 0.818 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Gerdau S in short term and SELL signal is strong!
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 3.84 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Gerdau S in short term and SELL signal is strong!
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 3.84 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.