(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.
10 day averaged volume of Gerdau S is 9065970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 3.80 | 3.66 | 3.87 | 3.62 | 1.777 times |
| 19 Fri Apr 2024 | 3.66 | 3.57 | 3.70 | 3.56 | 1.025 times |
| 18 Thu Apr 2024 | 3.57 | 3.61 | 3.64 | 3.55 | 0.761 times |
| 17 Wed Apr 2024 | 4.29 | 4.40 | 4.40 | 4.28 | 0.79 times |
| 16 Tue Apr 2024 | 4.27 | 4.29 | 4.32 | 4.24 | 1.268 times |
| 15 Mon Apr 2024 | 4.46 | 4.38 | 4.54 | 4.37 | 2.324 times |
| 12 Fri Apr 2024 | 4.32 | 4.47 | 4.48 | 4.30 | 0.759 times |
| 11 Thu Apr 2024 | 4.48 | 4.47 | 4.50 | 4.43 | 0.524 times |
| 10 Wed Apr 2024 | 4.49 | 4.49 | 4.55 | 4.47 | 0.84 times |
| 09 Tue Apr 2024 | 4.58 | 4.62 | 4.65 | 4.52 | 0.928 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3.7, for a target of 4 or 4.31
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 3.55 |
| Upside Target | 3.87 |
| Upside Target | 4.11 |
| Upside Target | 4.24 |
| Upside Target | 4.45 |
| Upside Target | 4.49 |
| Upside Target | 4.54 |
| Upside Target | 4.65 |
| Upside Target | 4.66 |
| Upside Target | 4.90 |
| Upside Target | 4.93 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.66 |
| Downside Intraday Target | 3.51 |
| Upside Intraday Target | 3.91 |
| Upside Intraday Target | 4.01 |
| Downside Intraday Target | 3.76 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 3.80 | 3.66 | 3.87 | 3.62 | 0.288 times |
| 19 Fri Apr 2024 | 3.66 | 4.38 | 4.54 | 3.55 | 1.609 times |
| 12 Fri Apr 2024 | 4.32 | 4.56 | 4.65 | 4.30 | 0.842 times |
| 05 Fri Apr 2024 | 4.50 | 4.42 | 4.66 | 4.36 | 2.303 times |
| 28 Thu Mar 2024 | 4.42 | 4.29 | 4.44 | 4.24 | 0.62 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 |
| 22 Mon Apr 2024 | 3.80 | 4.42 | 4.66 | 3.55 | 1.062 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 |
| 31 Wed Jan 2024 | 4.23 | 4.85 | 4.90 | 4.15 | 1.13 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 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 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 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 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 Strong 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 moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
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 4.19 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 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 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 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 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 Strong 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 moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
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 4.19 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.