Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, January 16, 2019.

Gerdau SA (NYSE:GGB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_GGB
Open High Low GGB Price Change
3.980 4.040 3.960 3.985 -0.005
Entry Signal

MarketClub’s Trade Triangles for GGB

long term up The long term trend has been UP since Nov 2nd, 2018 at 4.625

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2019 at 4.070

short term down The short term trend has been DOWN since Jan 11th, 2019 at 4.095

Smart Scan Analysis for GGB

Based on a pre-defined weighted trend formula for chart analysis, GGB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for GGB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.980 4.040 3.960 3.985 -0.005
Prev. Close Volume Bid Ask Time
4.120 8766444 2019-01-16 15:59:31
Year High5.32Year High Date2018-03-06
Year Low3.365Year Low Date2018-06-27
52wk High5.3252wk High Date2018-03-06
52wk Low3.2352wk Low Date2017-12-07
Year End Close8.99Average Volume14,021,056
Shares Outstanding1,702,131Short Interest21,113,330
% Institutional15AssetsM
LiabilitiesMBeta1.87
Volatility56.88
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