Technical Analysis for VALE - VALE S.A.

Grade Last Price % Change Price Change
F 10.03 0.10% 0.01
VALE closed up 0.1 percent on Wednesday, November 20, 2024, on 73 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Doji - Bearish? Reversal 0.00%
Multiple of Ten Bullish Other 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.10%
Narrow Range Bar Range Contraction 0.10%
Multiple of Ten Bullish Other 0.10%
Inside Day Range Contraction 0.10%
Oversold Stochastic Weakness 0.10%
Slingshot Bearish Bearish Swing Setup 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 21 hours ago
Rose Above Previous Day's High about 22 hours ago
Up 1% about 22 hours ago
Possible NR7 2 days ago
Possible Inside Day 2 days ago

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Profile

VALE S.A. Description

Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment engages in the extraction of iron ore and pellet production, as well as operation of transport systems in Brazil, including railroads, ports, and terminals related to mining operations. This segment is also involved in the production of manganese and ferroalloys; and mining of coal. The company's Base Metals segment produces non-ferrous minerals, including nickel and copper; and aluminum products. Vale S.A.'s Fertilizers segment provides potash, phosphates, and nitrogen. The company's Logistic Services segment offers cargo transportation services, such as rail transport, port, and shipping services for third parties. In addition, Vale S.A. generates energy through hydroelectric plants and centers in Brazil, Canada, and Indonesia; and has a natural gas exploration portfolio of 18 blocks in 4 petroleum basins in Brazil. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is based in Rio de Janeiro, Brazil.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Phosphates Alloys Gas Exploration Occupational Safety And Health Fertilizer Platinum Nickel Potash Rail Transport Base Metal Cobalt Ferrous Natural Gas Exploration Aluminum Products Pellet Manganese Shipping Services Logistic Services Cargo Transportation Service Cargo Transportation Services Ferroalloy Ferroalloys Transport Systems Vale

Is VALE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.8375
52 Week Low 9.66
Average Volume 31,160,994
200-Day Moving Average 11.20
50-Day Moving Average 10.78
20-Day Moving Average 10.47
10-Day Moving Average 10.16
Average True Range 0.26
RSI (14) 39.39
ADX 16.05
+DI 25.05
-DI 34.31
Chandelier Exit (Long, 3 ATRs) 10.54
Chandelier Exit (Short, 3 ATRs) 10.56
Upper Bollinger Bands 11.34
Lower Bollinger Band 9.60
Percent B (%b) 0.25
BandWidth 16.63
MACD Line -0.24
MACD Signal Line -0.19
MACD Histogram -0.0561
Fundamentals Value
Market Cap 43.13 Billion
Num Shares 4.3 Billion
EPS 2.10
Price-to-Earnings (P/E) Ratio 4.78
Price-to-Sales 0.28
Price-to-Book 1.50
PEG Ratio 10.64
Dividend 1.27
Dividend Yield 12.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.26
Resistance 3 (R3) 10.27 10.21 10.22
Resistance 2 (R2) 10.21 10.15 10.20 10.21
Resistance 1 (R1) 10.12 10.11 10.11 10.11 10.20
Pivot Point 10.05 10.05 10.05 10.05 10.05
Support 1 (S1) 9.96 9.99 9.95 9.95 9.86
Support 2 (S2) 9.90 9.96 9.89 9.85
Support 3 (S3) 9.81 9.90 9.84
Support 4 (S4) 9.80