Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Gerdau SA (NYSE:GGB)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
4.160 4.290 4.135 4.215 +0.085
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 Mar 19th, 2019 at 4.180

short term up The short term trend has been UP since Mar 12th, 2019 at 3.920

Smart Scan Analysis for GGB

Based on a pre-defined weighted trend formula for chart analysis, GGB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for GGB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.160 4.290 4.135 4.215 +0.085
Prev. Close Volume Bid Ask Time
4.220 17762654 2019-03-19 15:59:48
Year High5.32Year High Date2018-03-06
Year Low3.365Year Low Date2018-06-27
52wk High5.3252wk High Date2018-03-06
52wk Low3.36552wk Low Date2018-06-27
Year End Close8.99Average Volume10,564,631
Shares Outstanding1,021,428Short Interest21,113,330
% Institutional15Market Cap7,183M
AssetsMLiabilitiesM
Beta1.87Volatility56.88
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