(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 2024-12-09 View latest technical analysis
10 day averaged volume of Gerdau S is 5593755
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 3.46 | 3.44 | 3.52 | 3.44 | 1.782 times |
| 05 Thu Dec 2024 | 3.46 | 3.46 | 3.50 | 3.45 | 0.134 times |
| 04 Wed Dec 2024 | 3.42 | 3.44 | 3.46 | 3.42 | 0.133 times |
| 03 Tue Dec 2024 | 3.37 | 3.39 | 3.40 | 3.37 | 0.083 times |
| 26 Tue Nov 2024 | 3.43 | 3.44 | 3.47 | 3.40 | 1.8 times |
| 26 Tue Nov 2024 | 3.43 | 3.44 | 3.47 | 3.40 | 1.8 times |
| 25 Mon Nov 2024 | 3.43 | 3.41 | 3.47 | 3.41 | 1.738 times |
| 22 Fri Nov 2024 | 3.39 | 3.35 | 3.40 | 3.35 | 0.705 times |
| 21 Thu Nov 2024 | 3.39 | 3.30 | 3.41 | 3.30 | 1.092 times |
| 20 Wed Nov 2024 | 3.47 | 3.43 | 3.50 | 3.41 | 1.012 times |
My analysis of stock is bullish for shortterm, and stock might move up till 3.5 or till 3.6. Use a stoploss of 3.45 and if this stock hits its stoploss, then it can fall down till 3.39
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 2.92 |
| Downside Target | 3.07 |
| Downside Target | 3.30 |
| Downside Target | 3.37 |
| Upside Target | 3.47 |
| Upside Target | 3.50 |
| Upside Target | 3.52 |
| Upside Target | 3.55 |
| Upside Target | 3.62 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.43 |
| Downside Intraday Target | 3.39 |
| Upside Intraday Target | 3.51 |
| Upside Intraday Target | 3.55 |
| Upside Intraday Target | 3.47 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 3.46 | 3.44 | 3.52 | 3.44 | 5.09 times |
| 05 Thu Dec 2024 | 3.46 | 3.39 | 3.50 | 3.37 | 0.194 times |
| 26 Tue Nov 2024 | 3.43 | 3.44 | 3.47 | 3.40 | 0.509 times |
| 26 Tue Nov 2024 | 3.43 | 3.41 | 3.47 | 3.40 | 0.518 times |
| 22 Fri Nov 2024 | 3.39 | 3.42 | 3.50 | 3.30 | 1.012 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gerdau S (GGB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 3.46 | 3.39 | 3.52 | 3.37 | 0.052 times |
| 26 Tue Nov 2024 | 3.43 | 3.11 | 3.62 | 3.07 | 0.973 times |
| 31 Thu Oct 2024 | 3.12 | 3.51 | 3.62 | 3.10 | 1.525 times |
| 30 Mon Sep 2024 | 3.50 | 3.23 | 3.55 | 3.13 | 1.039 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gerdau S in short term but the sell signal is initial and weak.
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 3.43 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gerdau S in short term but the sell signal is initial and weak.
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 3.43 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.