Stock Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Gerdau S.A. (NYSE:GGB)
Weak Downtrend (-65) - GGB is showing signs of a strengthening downtrend. Monitor GGB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GGB
The long-term trend has been DOWN since Oct 2nd, 2023 at 4.755
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 4.200
The short-term trend has been UP since Mar 27th, 2024 at 4.360
Smart Scan Analysis for GGB
Based on our trend formula, GGB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.270 | 4.430 | 4.260 | 4.395 | +0.125 |
Prev. Close | Volume | Bid | Ask | Time |
4.390 | 5306914 | 2024-03-27 15:58:15 |
Year High | 5.32 | Year High Date | 2018-03-06 |
Year Low | 3.365 | Year Low Date | 2018-06-27 |
52wk High | 6.16 | 52wk High Date | 2023-07-31 |
52wk Low | 4.11 | 52wk Low Date | 2024-03-15 |
Year End Close | 8.99 | Average Volume | 6,964,636 |
Shares Outstanding | 1,072,499 | Short Interest | 21,113,330 |
% Institutional | 15 | Market Cap | 5,447M |
Assets | 764,103,830M | Liabilities | 258,094,460M |
P/E Ratio | 3.693 | Beta | 1.87 |
Volatility | 56.88 |