(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 2024-06-21 View latest technical analysis
10 day averaged volume of Gerdau S is 6215830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 3.24 | 3.18 | 3.25 | 3.17 | 0.941 times |
| 20 Thu Jun 2024 | 3.16 | 3.17 | 3.25 | 3.15 | 1.324 times |
| 18 Tue Jun 2024 | 3.09 | 3.13 | 3.16 | 3.08 | 0.551 times |
| 18 Tue Jun 2024 | 3.09 | 3.13 | 3.16 | 3.08 | 0.551 times |
| 17 Mon Jun 2024 | 3.09 | 3.10 | 3.10 | 3.06 | 0.824 times |
| 14 Fri Jun 2024 | 3.13 | 3.13 | 3.16 | 3.12 | 1.063 times |
| 13 Thu Jun 2024 | 3.19 | 3.21 | 3.23 | 3.16 | 0.744 times |
| 12 Wed Jun 2024 | 3.19 | 3.22 | 3.25 | 3.15 | 1.841 times |
| 11 Tue Jun 2024 | 3.19 | 3.12 | 3.21 | 3.10 | 1.504 times |
| 10 Mon Jun 2024 | 3.13 | 3.14 | 3.16 | 3.11 | 0.546 times |
My analysis of stock is bearish for shortterm, and stock might move down till 3.1 or till 2.9. Use a stoploss of 3.27 and if the stock hits stoploss, then it can shoot up till 3.43
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 3.06 |
| Upside Target | 3.25 |
| Upside Target | 3.40 |
| Upside Target | 3.47 |
| Upside Target | 3.63 |
| Upside Target | 4.04 |
| Upside Target | 4.11 |
| Upside Target | 4.45 |
| Upside Target | 4.49 |
| Upside Target | 4.66 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.13 |
| Downside Intraday Target | 3.02 |
| Upside Intraday Target | 3.3 |
| Upside Intraday Target | 3.36 |
| Downside Intraday Target | 3.19 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 3.24 | 3.13 | 3.25 | 3.08 | 2.047 times |
| 18 Tue Jun 2024 | 3.09 | 3.10 | 3.16 | 3.06 | 0.241 times |
| 14 Fri Jun 2024 | 3.13 | 3.14 | 3.25 | 3.10 | 1.097 times |
| 07 Fri Jun 2024 | 3.16 | 3.39 | 3.40 | 3.15 | 1.232 times |
| 31 Fri May 2024 | 3.46 | 3.62 | 3.63 | 3.40 | 0.53 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gerdau S (GGB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 3.24 | 3.39 | 3.40 | 3.06 | 0.392 times |
| 31 Fri May 2024 | 3.46 | 3.50 | 4.04 | 3.40 | 1.166 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 |
Scroll below to view daily charts
Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Gerdau S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.16 and Gerdau S (GGB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Gerdau S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.16 and Gerdau S (GGB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.