(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 2024-07-26 View latest technical analysis
10 day averaged volume of Gerdau S is 6258276
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 3.23 | 3.20 | 3.25 | 3.17 | 0.714 times |
| 25 Thu Jul 2024 | 3.24 | 3.17 | 3.28 | 3.14 | 1.492 times |
| 24 Wed Jul 2024 | 3.17 | 3.20 | 3.20 | 3.12 | 1.212 times |
| 23 Tue Jul 2024 | 3.25 | 3.34 | 3.35 | 3.21 | 1.711 times |
| 22 Mon Jul 2024 | 3.41 | 3.39 | 3.42 | 3.37 | 0.634 times |
| 19 Fri Jul 2024 | 3.36 | 3.37 | 3.40 | 3.34 | 0.61 times |
| 18 Thu Jul 2024 | 3.34 | 3.41 | 3.43 | 3.34 | 0.93 times |
| 17 Wed Jul 2024 | 3.46 | 3.43 | 3.48 | 3.42 | 1.018 times |
| 16 Tue Jul 2024 | 3.48 | 3.40 | 3.49 | 3.39 | 1.357 times |
| 15 Mon Jul 2024 | 3.39 | 3.35 | 3.43 | 3.32 | 0.642 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.2 as stoploss in an intra day buy trade for a target of 3.32. However, stock will show a bearish move below 3.2.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 3.06 |
| Downside Target | 3.22 |
| Upside Target | 3.32 |
| Upside Target | 3.42 |
| Upside Target | 3.47 |
| Upside Target | 3.49 |
| Upside Target | 4.04 |
| Upside Target | 4.11 |
| Upside Target | 4.49 |
| Upside Target | 4.66 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.09 |
| Downside Intraday Target | 2.96 |
| Upside Intraday Target | 3.39 |
| Upside Intraday Target | 3.56 |
| Upside Intraday Target | 3.26 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 3.23 | 3.39 | 3.42 | 3.12 | 1.264 times |
| 19 Fri Jul 2024 | 3.36 | 3.35 | 3.49 | 3.32 | 1.108 times |
| 12 Fri Jul 2024 | 3.35 | 3.26 | 3.37 | 3.22 | 3.537 times |
| 05 Fri Jul 2024 | 3.28 | 3.32 | 3.37 | 3.25 | 0.695 times |
| 03 Wed Jul 2024 | 3.35 | 3.30 | 3.37 | 3.22 | 0.234 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 |
| 26 Fri Jul 2024 | 3.23 | 3.30 | 3.49 | 3.12 | 0.781 times |
| 28 Fri Jun 2024 | 3.30 | 3.39 | 3.40 | 3.06 | 0.579 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 |
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 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 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 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 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 weakening, and bulls 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 but selling is losing 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 3.32 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 positive
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 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 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 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 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 weakening, and bulls 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 but selling is losing 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 3.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.