Technical Analysis for GGB - Gerdau S.A.

Grade Last Price % Change Price Change
grade F 3.85 -7.45% -0.31
GGB closed down 7.45 percent on Friday, March 22, 2019, on 84 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

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
Mar 22 Fell Below 200 DMA Bearish 0.00%
Mar 22 Fell Below 20 DMA Bearish 0.00%
Mar 22 Fell Below 50 DMA Bearish 0.00%
Mar 22 MACD Bearish Centerline Cross Bearish 0.00%
Mar 22 Stochastic Sell Signal Bearish 0.00%
Mar 22 Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Mar 22 Cup with Handle Other 0.00%
Mar 22 Down 3 Days in a Row Weakness 0.00%
Mar 22 Gapped Down Weakness 0.00%
Mar 21 Bearish Engulfing Bearish -7.45%

Older signals for GGB ...

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Profile
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 Rolling Manufacturing Industries 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.
Indicators
Indicator Value
52 Week High 5.13
52 Week Low 3.365
Average Volume 11,265,336
200-Day Moving Average 4.0503
50-Day Moving Average 4.1048
20-Day Moving Average 4.016
10-Day Moving Average 4.012
Average True Range 0.1492
ADX 18.29
+DI 20.6811
-DI 28.7801
Chandelier Exit (Long, 3 ATRs ) 3.8424
Chandelier Exit (Short, 3 ATRs ) 4.1876
Upper Bollinger Band 4.2729
Lower Bollinger Band 3.7591
Percent B (%b) 0.18
BandWidth 12.793825
MACD Line -0.0146
MACD Signal Line -0.0269
MACD Histogram 0.0123
Fundamentals Value
Market Cap 6.58 Billion
Num Shares 1.71 Billion
EPS -0.38
Price-to-Earnings (P/E) Ratio -10.13
Price-to-Sales 0.55
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 0.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.15
Resistance 3 (R3) 4.18 4.11 4.10
Resistance 2 (R2) 4.11 4.03 4.10 4.08
Resistance 1 (R1) 3.98 3.99 3.95 3.95 4.07
Pivot Point 3.91 3.91 3.89 3.90 3.91
Support 1 (S1) 3.78 3.83 3.75 3.75 3.63
Support 2 (S2) 3.71 3.79 3.70 3.62
Support 3 (S3) 3.58 3.71 3.60
Support 4 (S4) 3.55