$5.020
-0.030 (-0.59%)At close
Price Predictions
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GGB Prediction & Forecast by Similar Chart Analysis
Alphio's GGB stock price prediction model matches the current Gerdau SA tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $5.00 (-0.47%). The 1-week path is $4.94 (-1.61%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Gerdau SA Stock?
Gerdau SA (GGB) is currently trading at $5.02, which is below the average analyst price target of $6.50, indicating potential upside. However, the stock has a low RSI of 46.052, suggesting it is neither overbought nor oversold, and recent downgrades from analysts, including BofA to a target of $5.10, indicate caution. The forward P/E ratio is 6.20, which is attractive, but the recent 1.95% decline over the last five days raises some concern about short-term momentum. Therefore, it may be wise to hold off on buying until further clarity on market conditions and earnings performance emerges.
GGB stock price ended at $5.02 on Friday, after losing -0.59%
Gerdau SA (GGB) last closed at $5.02, losing -0.59%. These facts feed the 1-day and 1-week GGB price prediction above.
Analyst Consensus
Gerdau SA (GGB): 1 buy, 1 hold, 0 sell. Outlook: Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Gerdau SA (GGB) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches GGB, ranked by similarity.
Seasonality analysis for GGB
Historically the probability of a positive October return for GGB is 60.34%. September offers the highest probability of a positive month at 67.74%, while March is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.