(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 2024-04-03 View latest technical analysis
10 day averaged volume of Gerdau S is 5076220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 4.48 | 4.41 | 4.48 | 4.36 | 1.3 times |
| 02 Tue Apr 2024 | 4.43 | 4.41 | 4.50 | 4.37 | 1.4 times |
| 01 Mon Apr 2024 | 4.40 | 4.42 | 4.44 | 4.37 | 0.734 times |
| 28 Thu Mar 2024 | 4.42 | 4.34 | 4.44 | 4.34 | 0.755 times |
| 27 Wed Mar 2024 | 4.39 | 4.27 | 4.43 | 4.26 | 1.104 times |
| 26 Tue Mar 2024 | 4.27 | 4.28 | 4.31 | 4.24 | 1.022 times |
| 25 Mon Mar 2024 | 4.30 | 4.29 | 4.34 | 4.27 | 0.648 times |
| 22 Fri Mar 2024 | 4.30 | 4.34 | 4.36 | 4.29 | 0.521 times |
| 21 Thu Mar 2024 | 4.40 | 4.35 | 4.43 | 4.33 | 1.477 times |
| 20 Wed Mar 2024 | 4.36 | 4.26 | 4.37 | 4.25 | 1.335 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4.5, for a target of 4.4 or 4.32
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.11 |
| Downside Target | 4.36 |
| Downside Target | 4.44 |
| Downside Target | 4.45 |
| Downside Target | 4.48 |
| Upside Target | 4.49 |
| Upside Target | 4.50 |
| Upside Target | 4.90 |
| Upside Target | 4.93 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 4.39 |
| Downside Intraday Target | 4.31 |
| Upside Intraday Target | 4.53 |
| Upside Intraday Target | 4.59 |
| Downside Intraday Target | 4.45 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 4.48 | 4.42 | 4.50 | 4.36 | 0.973 times |
| 28 Thu Mar 2024 | 4.42 | 4.29 | 4.44 | 4.24 | 0.62 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 |
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 |
| 03 Wed Apr 2024 | 4.48 | 4.42 | 4.50 | 4.36 | 0.125 times |
| 28 Thu Mar 2024 | 4.42 | 4.47 | 4.49 | 4.11 | 1.203 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 |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 4.39 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 4.39 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.