VALE SA-SP ADR (VALE)

US91912E1055 - ADR

9.96  -0.07 (-0.7%)

Premarket: 9.94 -0.02 (-0.2%)

Technical Rating and Analysis

0

Overall VALE gets a technical rating of 0 out of 10. VALE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than VALE.
VALE is one of the lesser performing stocks in the Metals & Mining industry. 80% of 157 stocks in the same industry do better.
VALE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
VALE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
VALE has an average volume of 31364000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
VALE Weekly chart
VALE Daily chart
Setup Rating and Analysis

5

VALE has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.70

13.25

We found 1 important support area.

  • A support zone ranging from 9.80 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 10.96 to 11.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.66 from a horizontal line in the daily time frame.
  • Resistance @13.12 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.4
Mansfield-2.79
10 Day High10.75
10 Day Low9.78
20 Day High11.32
20 Day Low9.78
52 Week High16.08
52 Week Low9.66
Performance
1 Week1.32%
2 Weeks-11.15%
1 Month-5.05%
3 Month-4.6%
6 Month-20.95%
12 Month-33.86%
2 Year-39.64%
3 Year-19.48%
5 Year-15.31%
10 Year10.54%
15 Year-65.26%
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)-0.04
RSI(14)38.19
LBB9.4
UBB11.17
VALE Daily chart

VALE SA-SP ADR

NYSE:VALE (11/21/2024, 8:04:00 PM)

Premarket: 9.94 -0.02 (-0.2%)

9.96

-0.07 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.7%
1 Week1.32%
2 Weeks-11.15%
1 Month-5.05%
3 Month-4.6%
6 Month-20.95%
12 Month-33.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%2.76%
ATR Inc
Range Today0.13
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 High10.75
10 Day Low9.78
20 Day High11.32
20 Day Low9.78
52 Week High16.08
52 Week Low9.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.91M
Volume Incr-28.26%
Vol(5)22.33M
Vol(50)31.36M