GGB NEWS why is Gerdau S.a. price falling or rising
GGB NEWS reasons for why stock price of Gerdau S.a. is falling or rising
GGB Gerdau S is falling or rising technical reasons
Technical analysis forecast of Gerdau S Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gerdau S GGB at this time. Stock is rising and might rise more.
It appears as if Gerdau S GGB gave a large move recently.
Stock of Gerdau S (GGB) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Gerdau S is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Gerdau S stays above 3.4, but if it comes below 3.4, then a intra day sell could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.34 as target. However if you take a buy trade in Gerdau S, then use 3.4 as stoploss and 3.5 as target.
GGB Gerdau S is falling or rising NEWS fundamental reasons
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GGB Gerdau S.a. current price & indicator signals
Recent prices of GGB Gerdau S.a. are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
27 Fri Sep 2024 | 3.48 | 3.47 to 3.54 | 0% | 3.15 times |
26 Thu Sep 2024 | 3.48 | 3.41 to 3.50 | 4.5% | 0.75 times |
25 Wed Sep 2024 | 3.33 | 3.31 to 3.36 | -1.19% | 0.49 times |
24 Tue Sep 2024 | 3.37 | 3.31 to 3.41 | 5.31% | 1.22 times |
23 Mon Sep 2024 | 3.20 | 3.17 to 3.22 | -1.84% | 0.91 times |
20 Fri Sep 2024 | 3.26 | 3.24 to 3.38 | -4.68% | 1.92 times |
19 Thu Sep 2024 | 3.42 | 3.40 to 3.45 | 0.88% | 0.8 times |
18 Wed Sep 2024 | 3.39 | 3.35 to 3.45 | 0.59% | 1.75 times |
17 Tue Sep 2024 | 3.37 | 3.32 to 3.37 | 0.6% | 0.82 times |
16 Mon Sep 2024 | 3.35 | 3.34 to 3.40 | -0.59% | 0.51 times |
13 Fri Sep 2024 | 3.37 | 3.35 to 3.41 | 1.51% | 0.83 times |
12 Thu Sep 2024 | 3.32 | 3.25 to 3.33 | 0.61% | 0.91 times |
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