(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 2024-10-03 View latest technical analysis
10 day averaged volume of Gerdau S is 9526800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 3.45 | 3.46 | 3.49 | 3.41 | 0.768 times |
| 02 Wed Oct 2024 | 3.54 | 3.57 | 3.62 | 3.53 | 0.936 times |
| 01 Tue Oct 2024 | 3.50 | 3.51 | 3.53 | 3.48 | 0.607 times |
| 30 Mon Sep 2024 | 3.50 | 3.50 | 3.55 | 3.49 | 0.75 times |
| 27 Fri Sep 2024 | 3.48 | 3.47 | 3.54 | 3.47 | 2.632 times |
| 26 Thu Sep 2024 | 3.48 | 3.42 | 3.50 | 3.41 | 0.623 times |
| 25 Wed Sep 2024 | 3.33 | 3.35 | 3.36 | 3.31 | 0.41 times |
| 24 Tue Sep 2024 | 3.37 | 3.31 | 3.41 | 3.31 | 1.014 times |
| 23 Mon Sep 2024 | 3.20 | 3.19 | 3.22 | 3.17 | 0.758 times |
| 20 Fri Sep 2024 | 3.26 | 3.36 | 3.38 | 3.24 | 1.604 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 3.5 as stoploss in an intra day sell trade for a target of 3.37. However, stock will show a bullish move above 3.5.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 2.92 |
| Downside Target | 3.06 |
| Downside Target | 3.32 |
| Downside Target | 3.40 |
| Downside Target | 3.41 |
| Downside Target | 3.45 |
| Upside Target | 3.49 |
| Upside Target | 3.54 |
| Upside Target | 3.55 |
| Upside Target | 3.62 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.37 |
| Downside Intraday Target | 3.28 |
| Upside Intraday Target | 3.58 |
| Upside Intraday Target | 3.7 |
| Upside Intraday Target | 3.49 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 3.45 | 3.50 | 3.62 | 3.41 | 0.563 times |
| 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 |
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 |
| 03 Thu Oct 2024 | 3.45 | 3.51 | 3.62 | 3.41 | 0.143 times |
| 30 Mon Sep 2024 | 3.50 | 3.23 | 3.55 | 3.13 | 1.039 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 3.41 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 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 3.41 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 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 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.