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Stock Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

Gerdau S.A. (NYSE:GGB)

Bull Market Weakness (+75) - GGB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GGB as it may be in the beginning stages of a reversal.

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.

Open High Low GGB Price Change
4.950 5.040 4.800 4.875 +0.045
Entry Signal

MarketClub’s Trade Triangles for GGB

long term down The long-term trend has been DOWN since Aug 17th, 2021 at 5.4023

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2021 at 4.7200

short term up The short-term trend has been UP since Nov 23rd, 2021 at 4.5700

Smart Scan Analysis for GGB

Based on our trend formula, GGB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GGB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.950 5.040 4.800 4.875 +0.045
Prev. Close Volume Bid Ask Time
4.870 8474378 2021-12-03 15:59:41
Year High5.32Year High Date2018-03-06
Year Low3.365Year Low Date2018-06-27
52wk High7.267552wk High Date2021-05-11
52wk Low4.1652wk Low Date2021-02-01
Year End Close8.99Average Volume7,803,721
Shares Outstanding1,021,428Short Interest21,113,330
% Institutional15Market Cap5,447M
P/E Ratio16.9776Beta1.87
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