(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 2024-08-28 View latest technical analysis
10 day averaged volume of Gerdau S is 5717290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 3.25 | 3.24 | 3.28 | 3.22 | 0.604 times |
| 27 Tue Aug 2024 | 3.32 | 3.34 | 3.36 | 3.32 | 0.462 times |
| 26 Mon Aug 2024 | 3.36 | 3.36 | 3.40 | 3.35 | 0.605 times |
| 23 Fri Aug 2024 | 3.34 | 3.28 | 3.36 | 3.26 | 1.066 times |
| 22 Thu Aug 2024 | 3.27 | 3.30 | 3.31 | 3.24 | 1.143 times |
| 21 Wed Aug 2024 | 3.36 | 3.29 | 3.37 | 3.28 | 1.381 times |
| 20 Tue Aug 2024 | 3.23 | 3.21 | 3.25 | 3.16 | 1.328 times |
| 19 Mon Aug 2024 | 3.26 | 3.19 | 3.28 | 3.18 | 1.019 times |
| 16 Fri Aug 2024 | 3.15 | 3.17 | 3.17 | 3.12 | 0.736 times |
| 15 Thu Aug 2024 | 3.15 | 3.16 | 3.21 | 3.15 | 1.182 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.3 as stoploss in an intra day sell trade for a target of 3.19. However, stock will show a bullish move above 3.3.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 2.92 |
| Downside Target | 3.04 |
| Upside Target | 3.33 |
| Upside Target | 3.40 |
| Upside Target | 3.47 |
| Upside Target | 3.49 |
| Upside Target | 4.04 |
| Upside Target | 4.66 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.18 |
| Downside Intraday Target | 3.11 |
| Upside Intraday Target | 3.36 |
| Upside Intraday Target | 3.47 |
| Upside Intraday Target | 3.29 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 3.25 | 3.36 | 3.40 | 3.22 | 0.282 times |
| 23 Fri Aug 2024 | 3.34 | 3.19 | 3.37 | 3.16 | 1.323 times |
| 16 Fri Aug 2024 | 3.15 | 3.18 | 3.23 | 3.12 | 0.61 times |
| 09 Fri Aug 2024 | 3.16 | 2.93 | 3.19 | 2.92 | 1.37 times |
| 02 Fri Aug 2024 | 3.05 | 3.22 | 3.33 | 3.04 | 0.851 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 |
| 28 Wed Aug 2024 | 3.25 | 3.28 | 3.40 | 2.92 | 1.076 times |
| 31 Wed Jul 2024 | 3.24 | 3.30 | 3.49 | 3.12 | 0.87 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 |
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 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 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 and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.27 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.27 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. 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.