Technical Analysis for GGB - Gerdau S.A.

Grade Last Price % Change Price Change
grade F 3.1 -2.52% -0.08
GGB closed down 2.52 percent on Friday, September 20, 2019, on 1.12 times normal volume.

Earnings due: Sep 27

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical GGB trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
Down 3 Days in a Row Weakness 0.00%
NR7 Range Contraction -2.52%
Overbought Stochastic Strength -2.52%
Weak + Overbought Other -3.73%
Overbought Stochastic Strength -3.73%
MACD Bullish Centerline Cross Bullish -5.78%
Weak + Overbought Other -5.78%
Outside Day Range Expansion -5.78%

Older signals for GGB ...

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Basic chart:
Gerdau S.A. engages in the production and commercialization of steel products worldwide. The company offers crude steel products, which include billets that are used to manufacture wire rods, rebars, and merchant bars; blooms for use in the manufacture of springs, forged parts, heavy structural shapes, and seamless tubes; and slabs, which are used in the steel industry for the rolling of various flat rolled products, as well as used to produce hot and cold rolled coils, heavy slabs, and profiles. Its long rolled products include rebars, merchant bars, and profiles, which are primarily used in the construction and manufacturing industries; and drawn products comprise barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries. The company also offers special and stainless steel products used in tools and machinery, chains, fasteners, railroad spikes, and special coil steel, as well as special sections, such as grader blades, smelter bars, light rails, super light I-beams, elevator guide rails, and other products. In addition, it provides flat products, such as hot and cold steel coils, heavy plates, and profiles; and resells flat steel products manufactured by other Brazilian steel producers. The company was founded in 1901 and is based in Porto Alegre, Brazil. Gerdau S.A. is a subsidiary of Metalúrgica Gerdau S.A.
Manufacturing Steel Materials Architecture Building Materials Machinery Steel Products Stainless Steel Manufacturing Industries Rolling Rebar Steel Industry Wire Steel Producers Stainless Steel Products
Is GGB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 4.71
52 Week Low 2.73
Average Volume 9,313,115
200-Day Moving Average 3.7386
50-Day Moving Average 3.3048
20-Day Moving Average 3.0875
10-Day Moving Average 3.225
Average True Range 0.1211
ADX 18.82
+DI 22.1914
-DI 23.7845
Chandelier Exit (Long, 3 ATRs ) 2.9867
Chandelier Exit (Short, 3 ATRs ) 3.0933
Upper Bollinger Band 3.4033
Lower Bollinger Band 2.7717
Percent B (%b) 0.52
BandWidth 20.45668
MACD Line -0.005
MACD Signal Line -0.0281
MACD Histogram 0.0232
Fundamentals Value
Market Cap 5.3 Billion
Num Shares 1.71 Billion
EPS -0.38
Price-to-Earnings (P/E) Ratio -8.16
Price-to-Sales 0.55
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 0.97%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.25
Resistance 3 (R3) 3.26 3.22 3.23
Resistance 2 (R2) 3.22 3.18 3.22 3.22
Resistance 1 (R1) 3.16 3.16 3.14 3.15 3.21
Pivot Point 3.12 3.12 3.11 3.12 3.12
Support 1 (S1) 3.06 3.08 3.04 3.05 2.99
Support 2 (S2) 3.02 3.06 3.02 2.98
Support 3 (S3) 2.96 3.02 2.98
Support 4 (S4) 2.95