(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 2024-09-27 View latest technical analysis
10 day averaged volume of Gerdau S is 7950020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 3.48 | 3.47 | 3.54 | 3.47 | 3.154 times |
| 26 Thu Sep 2024 | 3.48 | 3.42 | 3.50 | 3.41 | 0.746 times |
| 25 Wed Sep 2024 | 3.33 | 3.35 | 3.36 | 3.31 | 0.491 times |
| 24 Tue Sep 2024 | 3.37 | 3.31 | 3.41 | 3.31 | 1.215 times |
| 23 Mon Sep 2024 | 3.20 | 3.19 | 3.22 | 3.17 | 0.908 times |
| 20 Fri Sep 2024 | 3.26 | 3.36 | 3.38 | 3.24 | 1.922 times |
| 19 Thu Sep 2024 | 3.42 | 3.45 | 3.45 | 3.40 | 0.799 times |
| 18 Wed Sep 2024 | 3.39 | 3.36 | 3.45 | 3.35 | 1.755 times |
| 17 Tue Sep 2024 | 3.37 | 3.34 | 3.37 | 3.32 | 0.82 times |
| 16 Mon Sep 2024 | 3.35 | 3.38 | 3.40 | 3.34 | 0.512 times |
Stock of Gerdau S (GGB) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.5, for a target of 3.4 or 3.32
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 2.92 |
| Downside Target | 3.06 |
| Downside Target | 3.40 |
| Downside Target | 3.41 |
| Downside Target | 3.45 |
| Upside Target | 3.49 |
| Upside Target | 3.54 |
| Upside Target | 4.04 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.25 |
| Downside Intraday Target | 3.03 |
| Upside Intraday Target | 3.62 |
| Upside Intraday Target | 3.77 |
| Downside Intraday Target | 3.4 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 3.48 | 3.19 | 3.54 | 3.17 | 1.122 times |
| 20 Fri Sep 2024 | 3.26 | 3.38 | 3.45 | 3.24 | 1.544 times |
| 13 Fri Sep 2024 | 3.37 | 3.34 | 3.41 | 3.22 | 1.551 times |
| 06 Fri Sep 2024 | 3.26 | 3.23 | 3.32 | 3.13 | 2.98 times |
| 30 Fri Aug 2024 | 3.26 | 3.22 | 3.27 | 3.21 | 0.294 times |
Price has moved up 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 |
| 27 Fri Sep 2024 | 3.48 | 3.23 | 3.54 | 3.13 | 0.991 times |
| 30 Fri Aug 2024 | 3.26 | 3.28 | 3.40 | 2.92 | 1.234 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 |
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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Gerdau S stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gerdau S in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 3.38 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 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Gerdau S stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gerdau S in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 3.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.