(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 2024-10-01 View latest technical analysis
10 day averaged volume of Gerdau S is 10103800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 3.50 | 3.51 | 3.53 | 3.48 | 0.572 times |
| 30 Mon Sep 2024 | 3.50 | 3.50 | 3.55 | 3.49 | 0.707 times |
| 27 Fri Sep 2024 | 3.48 | 3.47 | 3.54 | 3.47 | 2.481 times |
| 26 Thu Sep 2024 | 3.48 | 3.42 | 3.50 | 3.41 | 0.587 times |
| 25 Wed Sep 2024 | 3.33 | 3.35 | 3.36 | 3.31 | 0.387 times |
| 24 Tue Sep 2024 | 3.37 | 3.31 | 3.41 | 3.31 | 0.956 times |
| 23 Mon Sep 2024 | 3.20 | 3.19 | 3.22 | 3.17 | 0.715 times |
| 20 Fri Sep 2024 | 3.26 | 3.36 | 3.38 | 3.24 | 1.512 times |
| 19 Thu Sep 2024 | 3.42 | 3.45 | 3.45 | 3.40 | 0.629 times |
| 18 Wed Sep 2024 | 3.39 | 3.36 | 3.45 | 3.35 | 1.381 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.4, but if it comes below 3.4, then a intra day sell could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.35 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 3.5 as target.
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 | 3.45 |
| Downside Target | 3.48 |
| Downside Target | 3.49 |
| Upside Target | 3.53 |
| Upside Target | 3.54 |
| Upside Target | 3.55 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.47 |
| Downside Intraday Target | 3.44 |
| Upside Intraday Target | 3.54 |
| Upside Intraday Target | 3.58 |
| Upside Intraday Target | 3.51 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 3.50 | 3.50 | 3.55 | 3.48 | 0.25 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 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 |
| 01 Tue Oct 2024 | 3.50 | 3.51 | 3.53 | 3.48 | 0.037 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 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 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 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 coming down
CCI has generated a SELL signal for Gerdau S in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 3.4 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 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 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 coming down
CCI has generated a SELL signal for Gerdau S in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 3.4 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.