GERDAU SA -SPON ADR (GGB) Stock Technical Analysis
NYSE:GGB - New York Stock Exchange, Inc. - US3737371050 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to GGB. GGB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GGB is a bad performer in the overall market: 75% of all stocks are doing better.
GGB is part of the Metals & Mining industry. There are 152 other stocks in this industry, of which 73% are performing better than GGB.
GGB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
GGB has an average volume of 11043300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GGB has a been trading in the 2.27 - 3.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.56
3.31
3 important resistance areas can be observed.
- Resistance @2.90 from a trend line in the daily time frame.
- A resistance zone ranging from 3.07 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.28 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.29
Mansfield-1.28
10 Day High2.61
10 Day Low2.27
20 Day High3.06
20 Day Low2.27
52 Week High4.04
52 Week Low2.27
Performance
1 Week1.62%
2 Weeks-2.33%
1 Month-15.2%
3 Month-14.33%
6 Month-19.55%
12 Month-30.47%
2 Year-39.64%
3 Year-44.22%
5 Year47.1%
10 Year-5.87%
15 Year-80.72%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)40.1
LBB2.23
UBB2.9
NYSE:GGB (4/22/2025, 12:13:42 PM)
2.5815
+0.07 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.85%
1 Week1.62%
2 Weeks-2.33%
1 Month-15.2%
3 Month-14.33%
6 Month-19.55%
12 Month-30.47%
2 Year-39.64%
3 Year-44.22%
5 Year47.1%
10 Year-5.87%
15 Year-80.72%
Volatility
ATR(14)0.14
ATR(20)%4.84%
ATR Inc-60.47%
Range Today0.07
ADR(20)0.11
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.29
Mansfield-1.28
10 Day High2.61
10 Day Low2.27
20 Day High3.06
20 Day Low2.27
52 Week High4.04
52 Week Low2.27
CS1 EndN/A
CR1 Start2.9
Volume & EV
DER(3)5.22%
DER(5)6.86%
Volume2.69M
Volume Incr-26.01%
Vol(5)7.62M
Vol(50)11.04M