VALE SA-SP ADR (VALE) Technical Analysis
NYSE:VALE • US91912E1055
Current stock price
VALE Technical Rating and Analysis
Taking everything into account, VALE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VALE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that VALE is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by VALE over the past year are nicely spread over this period.
- VALE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month VALE has a been trading in the 13.99 - 17.77 range, which is quite wide. It is currently trading near the high of this range.
- VALE has an average volume of 33896500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VALE is an average performer in the Metals & Mining industry, it outperforms 64% of 160 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VALE Weekly and Daily overview Charts
VALE Setup Rating and Analysis
Although VALE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
VALE Support and Resistance Analysis
14.37
When analyzing the support we notice one important area.
- A support zone ranging from 14.52 to 14.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.69 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
VALE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VALE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VALE is up. |
| ChartMill Relative Strength | 90.79 | POSITIVE | VALE has a high relative strength, it outperformed 90.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VALE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VALE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VALE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.76 | OVERBOUGHT | The high RSI value suggests VALE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests VALE has a positive trend. |
| Stochastics (14,3) | 96.05 | OVERBOUGHT | The high Stochastics value suggests VALE may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for VALE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for VALE suggests a possible start of a new trend. |
VALE Chart- and CandleStick Pattern Analysis
VALE Technicals: Chart, Performance Metrics, Trend & Indicators
17.68
+0.23 (+1.32%)
VALE SA-SP ADR / VALE TA FAQ
What is the technical rating for VALE stock?
ChartMill assigns a technical rating of 10 / 10 to VALE.
Can you provide the trend direction for VALE SA-SP ADR?
The current trend direction for VALE SA-SP ADR (VALE) is Bullish.
What is the RSI signal for VALE stock?
VALE SA-SP ADR (VALE) has an RSI value of 71.7578. This indicates that the stock is currently overbought.
Can you provide the MACD signal for VALE SA-SP ADR?
The MACD indicator for VALE SA-SP ADR (VALE) has a value of 0.266601, indicating a bearish trend.
What are the support and resistance levels for VALE SA-SP ADR (VALE) stock?
VALE SA-SP ADR (VALE) has a support level at 14.58 and a resistance level at 17.69. Check the full technical report for our detailed analysis of VALE support and resistance levels.