GERDAU SA -SPON ADR (GGB) Stock Technical Analysis
NYSE:GGB - New York Stock Exchange, Inc. - US3737371050 - ADR - Currency: USD
Overall GGB gets a technical rating of 0 out of 10. 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: 83% of all stocks are doing better.
GGB is one of the lesser performing stocks in the Metals & Mining industry. 75% of 150 stocks in the same industry do better.
GGB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GGB is lagging the market.
In the last month GGB has a been trading in the 2.80 - 3.11 range, which is quite wide. It is currently trading near the lows of this range.
GGB has an average volume of 10173500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, GGB does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for GGB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.81
3.61
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.92 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.09 to 3.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.24 from a trend line in the weekly time frame.
- Resistance @3.38 from a trend line in the weekly time frame.
- Resistance @3.57 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.79
Mansfield-1.94
10 Day High3.1
10 Day Low2.8
20 Day High3.11
20 Day Low2.8
52 Week High4.04
52 Week Low2.67
Performance
1 Week0.35%
2 Weeks-6.29%
1 Month-5.35%
3 Month-15.77%
6 Month-13.19%
12 Month-24.37%
2 Year-34.81%
3 Year-26.78%
5 Year-4.66%
10 Year-0.12%
15 Year-75.83%
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)42.24
LBB2.75
UBB3.16
NYSE:GGB (3/3/2025, 3:14:09 PM)
2.835
+0 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.18%
1 Week0.35%
2 Weeks-6.29%
1 Month-5.35%
3 Month-15.77%
6 Month-13.19%
12 Month-24.37%
2 Year-34.81%
3 Year-26.78%
5 Year-4.66%
10 Year-0.12%
15 Year-75.83%
Volatility
ATR(14)0.1
ATR(20)%3.43%
ATR Inc4.74%
Range Today0.12
ADR(20)0.08
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.79
Mansfield-1.94
10 Day High3.1
10 Day Low2.8
20 Day High3.11
20 Day Low2.8
52 Week High4.04
52 Week Low2.67
CS1 EndN/A
CR1 Start2.92
Volume & EV
DER(3)3.5%
DER(5)1.58%
Volume7.48M
Volume Incr81.15%
Vol(5)17.43M
Vol(50)10.17M