Technical Analysis for GGB - Gerdau S.A.

Grade Last Price % Change Price Change
grade C 4.71 0.86% 0.04
GGB closed up 0.86 percent on Wednesday, February 19, 2020, on 1.41 times normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical GGB trend table...

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
NR7 Range Contraction 0.86%
Doji - Bullish? Reversal 0.86%
Down 3 Days in a Row Weakness 0.86%
Fell Below 50 DMA Bearish -1.26%
MACD Bearish Centerline Cross Bearish -1.26%
20 DMA Resistance Bearish -3.09%
Crossed Above 50 DMA Bullish -2.48%
New Uptrend Bullish -2.48%
Stochastic Reached Oversold Weakness -2.48%

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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


Indicator Value
52 Week High 5.34
52 Week Low 2.73
Average Volume 10,949,120
200-Day Moving Average 3.79
50-Day Moving Average 4.80
20-Day Moving Average 4.86
10-Day Moving Average 4.80
Average True Range 0.18
ADX 19.81
+DI 24.93
-DI 26.41
Chandelier Exit (Long, 3 ATRs ) 4.79
Chandelier Exit (Short, 3 ATRs ) 5.12
Upper Bollinger Band 5.23
Lower Bollinger Band 4.50
Percent B (%b) 0.29
BandWidth 15.16
MACD Line -0.02
MACD Signal Line 0.01
MACD Histogram -0.0329
Fundamentals Value
Market Cap 8.05 Billion
Num Shares 1.71 Billion
EPS -0.38
Price-to-Earnings (P/E) Ratio -12.39
Price-to-Sales 0.55
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 0.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.98
Resistance 3 (R3) 4.97 4.86 4.94
Resistance 2 (R2) 4.86 4.79 4.87 4.92
Resistance 1 (R1) 4.79 4.75 4.83 4.80 4.90
Pivot Point 4.68 4.68 4.70 4.69 4.68
Support 1 (S1) 4.61 4.61 4.65 4.62 4.52
Support 2 (S2) 4.50 4.57 4.51 4.50
Support 3 (S3) 4.43 4.50 4.49
Support 4 (S4) 4.44