Technical Analysis for VALE - VALE S.A.

Grade Last Price % Change Price Change
D 13.03 0.31% 0.04
VALE closed up 2.61 percent on Friday, May 17, 2024, on approximately normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.31%
Expansion Breakout Bullish Swing Setup 0.31%
Pocket Pivot Bullish Swing Setup 0.31%
Above Upper BB Strength 0.31%
Gapped Up Strength 0.31%
Upper Bollinger Band Touch Strength 0.31%
Pocket Pivot Bullish Swing Setup 2.92%
NR7 Range Contraction 2.92%
Gapped Up Strength 2.92%
20 DMA Support Bullish 3.74%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout 28 minutes ago
Gap Down Closed about 1 hour ago
Reversed from Down about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
200 DMA Support about 1 hour 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 Gas Exploration Phosphates Alloys Occupational Safety And Health Platinum Fertilizer Nickel Potash Rail Transport Base Metal Ferrous Cobalt Aluminum Products Natural Gas Exploration 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 15.3862
52 Week Low 11.3769
Average Volume 28,498,989
200-Day Moving Average 12.95
50-Day Moving Average 12.27
20-Day Moving Average 12.47
10-Day Moving Average 12.62
Average True Range 0.27
RSI (14) 64.66
ADX 15.72
+DI 34.25
-DI 20.96
Chandelier Exit (Long, 3 ATRs) 12.21
Chandelier Exit (Short, 3 ATRs) 12.54
Upper Bollinger Bands 12.90
Lower Bollinger Band 12.03
Percent B (%b) 1.1
BandWidth 7.01
MACD Line 0.13
MACD Signal Line 0.09
MACD Histogram 0.0423
Fundamentals Value
Market Cap 55.86 Billion
Num Shares 4.3 Billion
EPS 2.10
Price-to-Earnings (P/E) Ratio 6.19
Price-to-Sales 0.28
Price-to-Book 1.50
PEG Ratio 10.64
Dividend 1.27
Dividend Yield 9.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.46
Resistance 3 (R3) 13.41 13.21 13.38
Resistance 2 (R2) 13.21 13.09 13.23 13.35
Resistance 1 (R1) 13.10 13.02 13.16 13.15 13.33
Pivot Point 12.90 12.90 12.93 12.92 12.90
Support 1 (S1) 12.79 12.78 12.85 12.84 12.65
Support 2 (S2) 12.59 12.71 12.61 12.63
Support 3 (S3) 12.48 12.59 12.60
Support 4 (S4) 12.53