VALE SA-SP ADR (VALE)
US91912E1055 - ADR
Taking everything into account, VALE scores 1 out of 10 in our technical rating. VALE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VALE is a bad performer in the overall market: 78% of all stocks are doing better.
VALE is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 66% are performing better than VALE.
VALE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VALE is lagging the market.
In the last month VALE has a been trading in the 11.52 - 12.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VALE has an average volume of 28971700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, VALE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.20. Right above this resistance zone may be a good entry point.
More info and screens
11.54
14.96
When analyzing the support we notice one important area.
- A support zone ranging from 11.66 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.20 to 12.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.12
Mansfield-1.8
10 Day High12.51
10 Day Low11.74
20 Day High12.67
20 Day Low11.52
52 Week High16.08
52 Week Low11.52
Performance
1 Week-1.37%
2 Weeks2.95%
1 Month0.99%
3 Month-8.2%
6 Month-16.04%
12 Month-12.23%
2 Year-32.41%
3 Year-43.31%
5 Year-2.17%
10 Year-4.31%
15 Year-36.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)48.84
LBB11.68
UBB12.54
VALE SA-SP ADR
NYSE:VALE (5/1/2024, 5:31:55 PM)
After market: 12.27 +0.07 (+0.57%)12.2
+0.03 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.25%
1 Week-1.37%
2 Weeks2.95%
1 Month0.99%
3 Month-8.2%
6 Month-16.04%
12 Month-12.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%2.78%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.51
10 Day Low11.74
20 Day High12.67
20 Day Low11.52
52 Week High16.08
52 Week Low11.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.48M
Volume Incr-28%
Vol(5)23.53M
Vol(50)28.97M