The volume for Gerdau SA stock increased for a consecutive 5 days, with an average daily gain of 89%

#Steel, #Volume, #Bullish, #Stocks, #MidCap
GGB - Gerdau SA
Record Volume
Bullish Trend
86%
Odds of UP Trend
Price: $3.26
Daily change: -$0.01 (-0.31%)
Daily volume: 22M
Capitalization: $6.2B
Industry: Steel

The appliance retailer has exhibited record-breaking volumes the past 5 days, with an average daily volume spike of 89% above the expected 65-day average. The +4.82% price change was insignificant, leaving GGB's price at $3.26. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 14 similar cases, 12 of which were successful. Based on this data, the odds of success are +86%.