(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 2024-03-26 View latest technical analysis
10 day averaged volume of Gerdau S is 7113860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 4.27 | 4.28 | 4.31 | 4.24 | 0.729 times |
| 25 Mon Mar 2024 | 4.30 | 4.29 | 4.34 | 4.27 | 0.463 times |
| 22 Fri Mar 2024 | 4.30 | 4.34 | 4.36 | 4.29 | 0.372 times |
| 21 Thu Mar 2024 | 4.40 | 4.35 | 4.43 | 4.33 | 1.054 times |
| 20 Wed Mar 2024 | 4.36 | 4.26 | 4.37 | 4.25 | 0.953 times |
| 19 Tue Mar 2024 | 4.27 | 4.25 | 4.30 | 4.23 | 0.717 times |
| 18 Mon Mar 2024 | 4.23 | 4.18 | 4.26 | 4.14 | 0.964 times |
| 15 Fri Mar 2024 | 4.16 | 4.20 | 4.24 | 4.11 | 1.476 times |
| 14 Thu Mar 2024 | 4.24 | 4.43 | 4.44 | 4.21 | 1.76 times |
| 13 Wed Mar 2024 | 4.39 | 4.29 | 4.44 | 4.29 | 1.055 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.2 or till 4.1. Use a stoploss of 4.3 and if the stock hits stoploss, then it can shoot up till 4.37
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.11 |
| Upside Target | 4.34 |
| Upside Target | 4.43 |
| Upside Target | 4.44 |
| Upside Target | 4.45 |
| Upside Target | 4.48 |
| Upside Target | 4.49 |
| Upside Target | 4.90 |
| Upside Target | 4.93 |
| Upside Target | 5.05 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 4.23 |
| Downside Intraday Target | 4.18 |
| Upside Intraday Target | 4.33 |
| Upside Intraday Target | 4.38 |
| Upside Intraday Target | 4.28 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 4.27 | 4.29 | 4.34 | 4.24 | 0.294 times |
| 22 Fri Mar 2024 | 4.30 | 4.18 | 4.43 | 4.14 | 0.614 times |
| 15 Fri Mar 2024 | 4.16 | 4.24 | 4.44 | 4.11 | 1.457 times |
| 08 Fri Mar 2024 | 4.24 | 4.43 | 4.48 | 4.20 | 0.976 times |
| 01 Fri Mar 2024 | 4.49 | 4.23 | 4.49 | 4.20 | 0.957 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 Tue Mar 2024 | 4.27 | 4.47 | 4.49 | 4.11 | 1.122 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 |
| 29 Fri Dec 2023 | 4.85 | 4.44 | 4.93 | 4.43 | 0.862 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gerdau S ( (GGB) ) based on a short 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 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 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.
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 in or below 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 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 4.28 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gerdau S ( (GGB) ) based on a short 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 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 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.
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 in or below 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 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 4.28 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.