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(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 9208020

Date Daily Closing Price Open High Low Volume
29 Wed Jan 2025 2.94 2.96 3.00 2.93 0.957 times
28 Tue Jan 2025 2.98 2.96 2.99 2.95 0.526 times
27 Mon Jan 2025 2.97 2.94 2.98 2.93 0.842 times
24 Fri Jan 2025 2.93 2.95 2.98 2.93 1.137 times
23 Thu Jan 2025 2.93 2.91 2.97 2.88 1.141 times
22 Wed Jan 2025 2.91 2.92 2.99 2.90 0.908 times
21 Tue Jan 2025 2.93 2.91 2.94 2.87 0.838 times
17 Fri Jan 2025 2.83 2.82 2.89 2.81 1.651 times
17 Fri Jan 2025 2.83 2.82 2.89 2.81 1.651 times
16 Thu Jan 2025 2.82 2.83 2.87 2.78 0.645 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.9, but if it comes below 2.9, then a intra day sell could be more profitable.
If you take a sell trade below 2.9, then use 2.9 as stoploss and 2.87 as target. However if you take a buy trade in stock , then use 2.9 as stoploss and 3 as target.

Share price targets for Gerdau S (GGB)

Target Type Value
Downside Target 2.67
Downside Target 2.81
Upside Target 2.99
Upside Target 3.00
Upside Target 3.07
Upside Target 3.10
Upside Target 3.13
Upside Target 3.55
Upside Target 3.62

Intraday share price targets for Gerdau S (GGB)

Target Type Value
Downside Intraday Target 2.91
Downside Intraday Target 2.89
Upside Intraday Target 2.98
Upside Intraday Target 3.03
Upside Intraday Target 2.96

Weekly technical analysis of Gerdau S (GGB)

Date Weekly Closing Price Open High Low Volume
29 Wed Jan 2025 2.94 2.94 3.00 2.93 0.578 times
24 Fri Jan 2025 2.93 2.91 2.99 2.87 2.437 times
17 Fri Jan 2025 2.83 2.82 2.89 2.81 0.339 times
17 Fri Jan 2025 2.83 2.68 2.90 2.67 3.1 times
10 Fri Jan 2025 2.72 2.88 2.90 2.70 0.667 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
29 Wed Jan 2025 2.94 2.85 3.00 2.67 0.974 times
31 Tue Dec 2024 2.88 3.39 3.55 2.86 0.749 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

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 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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 but selling 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 2.9 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 negative.

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 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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 but selling 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 2.9 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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