(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 7635780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 3.43 | 3.41 | 3.47 | 3.41 | 1.273 times |
| 22 Fri Nov 2024 | 3.39 | 3.35 | 3.40 | 3.35 | 0.517 times |
| 21 Thu Nov 2024 | 3.39 | 3.30 | 3.41 | 3.30 | 0.8 times |
| 20 Wed Nov 2024 | 3.47 | 3.43 | 3.50 | 3.41 | 0.742 times |
| 19 Tue Nov 2024 | 3.43 | 3.39 | 3.45 | 3.37 | 1.101 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 3.36. 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 | 3.07 |
| Downside Target | 3.21 |
| Downside Target | 3.30 |
| Downside Target | 3.40 |
| Upside Target | 3.49 |
| Upside Target | 3.50 |
| Upside Target | 3.53 |
| Upside Target | 3.55 |
| Upside Target | 3.62 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.4 |
| Downside Intraday Target | 3.38 |
| Upside Intraday Target | 3.46 |
| Upside Intraday Target | 3.5 |
| Upside Intraday Target | 3.44 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 3.43 | 3.41 | 3.47 | 3.41 | 0.254 times |
| 22 Fri Nov 2024 | 3.39 | 3.42 | 3.50 | 3.30 | 1.012 times |
| 15 Fri Nov 2024 | 3.46 | 3.45 | 3.53 | 3.32 | 0.325 times |
| 08 Fri Nov 2024 | 3.57 | 3.15 | 3.62 | 3.08 | 2.444 times |
| 01 Fri Nov 2024 | 3.08 | 3.17 | 3.21 | 3.07 | 1.283 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 |
| 25 Mon Nov 2024 | 3.43 | 3.11 | 3.62 | 3.07 | 0.887 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 | 1.086 times |
| 30 Fri Aug 2024 | 3.26 | 3.28 | 3.40 | 2.92 | 1.268 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 42, 42, 0 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 46 | None |
| CCI | 51 | Buy |
| RSI | 60 | Buy |
| OBV | -425800 | Sell |
| VWAP | 3 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 and the buy signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 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 3.42 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 has given negative 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.
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