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Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Gerdau S.A. (NYSE:GGB)
Countertrend Down (-85) - GGB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for GGB
The long-term trend has been DOWN since Dec 23rd, 2024 at 3.0700
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 3.3000
The short-term trend has been UP since Jan 15th, 2025 at 2.8199
Smart Scan Analysis for GGB
Based on our trend formula, GGB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8200 | 2.8899 | 2.8100 | 2.8350 | +0.0150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.8300 | 13367579 | 2025-01-17 15:59:44 |
| Year High | 5.32 | Year High Date | 2018-03-06 |
| Year Low | 3.365 | Year Low Date | 2018-06-27 |
| 52wk High | 4.04 | 52wk High Date | 2024-05-16 |
| 52wk Low | 2.67 | 52wk Low Date | 2025-01-13 |
| Year End Close | 8.99 | Average Volume | 8,505,855 |
| Shares Outstanding | 1,286,999 | Short Interest | 21,113,330 |
| % Institutional | 15 | Market Cap | 5,447M |
| Assets | 818,513,170M | Liabilities | 265,563,180M |
| P/E Ratio | 9.402 | Beta | 1.87 |
| Volatility | 56.88 |