The volume for Gerdau SA stock increased for a consecutive 5 days, with an average daily gain of 96%

#Steel, #Volume, #Bullish, #Stocks, #MidCap
GGB - Gerdau SA
Record Volume
Bullish Trend
90%
Odds of UP Trend
Price: $3.27
Daily change: +$0.08 (+2.51%)
Daily volume: 22.4M
Capitalization: $6.2B
Industry: Steel

The appliance retailer has exhibited record-breaking volumes the past 7 days, with an average daily volume spike of 96% above the expected 65-day average. The +5.14% price change was insignificant, leaving GGB's price at $3.27. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 14 similar cases, 13 of which were successful. Based on this data, the odds of success are +90%.