(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 2024-08-19 View latest technical analysis
10 day averaged volume of Gerdau S is 6770390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 3.26 | 3.19 | 3.28 | 3.18 | 0.86 times |
| 16 Fri Aug 2024 | 3.15 | 3.17 | 3.17 | 3.12 | 0.622 times |
| 15 Thu Aug 2024 | 3.15 | 3.16 | 3.21 | 3.15 | 0.998 times |
| 14 Wed Aug 2024 | 3.16 | 3.19 | 3.20 | 3.15 | 0.91 times |
| 13 Tue Aug 2024 | 3.20 | 3.18 | 3.22 | 3.16 | 0.73 times |
| 12 Mon Aug 2024 | 3.18 | 3.18 | 3.23 | 3.18 | 0.529 times |
| 09 Fri Aug 2024 | 3.16 | 3.17 | 3.19 | 3.14 | 1.022 times |
| 08 Thu Aug 2024 | 3.11 | 3.05 | 3.13 | 3.02 | 1.709 times |
| 07 Wed Aug 2024 | 3.02 | 3.10 | 3.11 | 3.02 | 0.83 times |
| 06 Tue Aug 2024 | 3.03 | 3.02 | 3.07 | 2.97 | 1.346 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.2, but if it comes below 3.2, then a intra day sell could be more profitable.
If you take a sell trade below 3.2, then use 3.2 as stoploss and 3.16 as target. However if you take a buy trade in stock , then use 3.2 as stoploss and 3.3 as target.
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 | 3.42 |
| 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 | 3.2 |
| Downside Intraday Target | 3.14 |
| Upside Intraday Target | 3.3 |
| Upside Intraday Target | 3.34 |
| Downside Intraday Target | 3.24 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 3.26 | 3.19 | 3.28 | 3.18 | 0.227 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 |
| 26 Fri Jul 2024 | 3.23 | 3.39 | 3.42 | 3.12 | 1.264 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 |
| 19 Mon Aug 2024 | 3.26 | 3.28 | 3.33 | 2.92 | 0.763 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 3.13 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 3.13 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.