- The trend backdrop is active with a 18-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
GOAU3
SAO
Week ended 07 Aug 2026
Weekly Investor Report
Metalurgica Gerdau S.A. · Basic Materials · Steel
Latest close
10.04 BRL
2.4%
latest week
Weekly setup
Constructive trend
The weekly trend is active. Price is 10.4% above the Trend Line and sits at 88.9% of its 52-week range. The latest completed week returned 2.4%, after a 9.1% four-week move. The latest news-sentiment score is 58/100.
Setup score
77
out of 100
Latest Close
10.04 BRL
7 Aug 2026
1W Return
2.4%
latest completed week
4W Return
9.1%
short-term follow-through
12W Return
6.6%
quarterly tape
Trend Breadth
92.3%
48 of 52 weeks active
Volume Ratio
3.7x
vs 13-week average
- 4 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
2.4%
Latest completed week; four-week move 9.1%.
Indicator stack
96/71
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
58/100
1 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 10.4% above the Trend Line and sits at 88.9% of its 52-week range. The latest completed week returned 2.4%, after a 9.1% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 3.7x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.7312-week average 0.69
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership10/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.73Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers44 reversal markers
No recent accumulation markers. 4 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 9.1% over four weeks, 6.6% over 12 weeks, and 52.4% over one year. The current trend has remained active for 18 consecutive weeks.
Performance by holding period
Active trend streak18 weeks
Active weeks in one year48
Trend breadth92.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.27Latest activity-pressure read.
Pressure change204.7%Four-week change in activity pressure.
Leadership15.13Latest relative-leadership reading.
RS change360.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment58/100
Weighted news tone is positive across 1 relevant articles.
1 positive · 0 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-4.3%Distance below the 52-week high.
13-week volatility3.7%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher14 of 2612 weeks finished lower.
Best week+7.5%Week of 3 Apr.
Worst week-7.5%Week of 6 Mar.
Latest week+2.4%Week of 7 Aug.
Shape of recent returns
Strong gains5
Modest gains9
Flat weeks0
Modest losses7
Sharp losses5
Recent vol3.7%13-week weekly-return volatility.
Base vol3.8%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew3.5% / -2.7%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorBR Basic Materials
4-week rank14 / 65
Group average0.0%
Trend breadth20.0%
Trend20.0%active weekly trend signals
MD41.5%positive activity pressure
RS33.8%positive relative leadership
Four-week leaders
IndustryBR Steel
4-week rank5 / 17
Group average2.6%
Trend breadth47.1%
Trend47.1%active weekly trend signals
MD52.9%positive activity pressure
RS58.8%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape77/100
Trend, activity pressure, participation, and risk combine to a 77/100 tape read.
Indicator analysis67/100Latest 12-week confirmation: trend 12/12, activity pressure 7/12, relative leadership 10/12.
Activity pressure 0.73; 4 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment58/100Weighted news tone is positive across 1 relevant articles.
Metalurgica Gerdau SA (BSP:GOAU3) (Q2 2026) Earnings Call Highlights: Record EBITDA and ... Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 10.04 BRL | 2.4% | 9.09 BRL | 7.54 BRL | 0.27 | 15.13 | 517.1K | On |
| 31 Jul 2026 | 9.80 BRL | 2.2% | 9.05 BRL | 7.52 BRL | 0.04 | 9.32 | 181.3K | On |
| 24 Jul 2026 | 9.59 BRL | 2.0% | 9.01 BRL | 7.51 BRL | -0.22 | 9.64 | 146.6K | On |
| 17 Jul 2026 | 9.40 BRL | 2.2% | 8.98 BRL | 7.50 BRL | -0.34 | 7.83 | 106.3K | On |
| 10 Jul 2026 | 9.20 BRL | 5.9% | 8.95 BRL | 7.49 BRL | -0.26 | 3.29 | 187.9K | On |
| 3 Jul 2026 | 8.69 BRL | 1.4% | 8.90 BRL | 7.48 BRL | -0.13 | -0.33 | 24.4K | On |
| 26 Jun 2026 | 8.57 BRL | -6.2% | 8.86 BRL | 7.47 BRL | 0.01 | -1.07 | 92.4K | On |
| 19 Jun 2026 | 9.14 BRL | -4.7% | 8.84 BRL | 7.46 BRL | 0.11 | 8.58 | 41.8K | On |
| 12 Jun 2026 | 9.59 BRL | 5.0% | 8.79 BRL | 7.45 BRL | 0.14 | 12.46 | 60.8K | On |
| 5 Jun 2026 | 9.13 BRL | -0.4% | 8.73 BRL | 7.43 BRL | -0.00 | 8.72 | 22.6K | On |
| 29 May 2026 | 9.17 BRL | -5.3% | 8.69 BRL | 7.42 BRL | 0.15 | 6.41 | 184.4K | On |
| 22 May 2026 | 9.68 BRL | 2.8% | 8.65 BRL | 7.41 BRL | 0.01 | 11.12 | 118.6K | On |
| 15 May 2026 | 9.42 BRL | -2.3% | 8.59 BRL | 7.39 BRL | -0.26 | 7.87 | 153.5K | On |
| 8 May 2026 | 9.64 BRL | 2.4% | 8.52 BRL | 7.37 BRL | -0.38 | 6.60 | 423.8K | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.