Technical Analysis for GGB - Gerdau S.A.

Grade Last Price % Change Price Change
grade C 3.99 0.00% 0.00
GGB closed unchanged on Wednesday, January 16, 2019, on 75 percent of normal volume. It ran into resistance at its 50 day moving average.

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
Jan 16 50 DMA Resistance Bearish 0.00%
Jan 16 Inside Day Range Contraction 0.00%
Jan 15 Fell Below 50 DMA Bearish 0.00%
Jan 15 Down 3 Days in a Row Weakness 0.00%
Jan 15 Down 4 Days in a Row Weakness 0.00%
Jan 14 50 DMA Support Bullish -1.97%
Jan 14 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.97%
Jan 14 Overbought Stochastic Strength -1.97%
Jan 14 Down 3 Days in a Row Weakness -1.97%
Jan 11 50 DMA Support Bullish -3.62%

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.
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, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.32
52 Week Low 3.365
Average Volume 12,152,739
200-Day Moving Average 4.1705
50-Day Moving Average 4.0354
20-Day Moving Average 3.9465
10-Day Moving Average 4.103
Average True Range 0.1574
ADX 13.73
+DI 21.3562
-DI 21.6742
Chandelier Exit (Long, 3 ATRs ) 3.8378
Chandelier Exit (Short, 3 ATRs ) 4.0822
Upper Bollinger Band 4.3102
Lower Bollinger Band 3.5828
Percent B (%b) 0.56
BandWidth 18.431522
MACD Line 0.0336
MACD Signal Line 0.0206
MACD Histogram 0.013
Fundamentals Value
Market Cap 6.82 Billion
Num Shares 1.71 Billion
EPS -0.38
Price-to-Earnings (P/E) Ratio -10.50
Price-to-Sales 0.55
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 0.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.11
Resistance 3 (R3) 4.11 4.08 4.09
Resistance 2 (R2) 4.08 4.05 4.08 4.08
Resistance 1 (R1) 4.03 4.03 4.06 4.03 4.08
Pivot Point 4.00 4.00 4.01 4.00 4.00
Support 1 (S1) 3.95 3.97 3.98 3.95 3.90
Support 2 (S2) 3.92 3.95 3.92 3.90
Support 3 (S3) 3.87 3.92 3.89
Support 4 (S4) 3.87