Country Icon

VALE S.A. (VALE) - Buy, Sell or Hold?

Sector: Basic Industries   Sub-Sector: Precious Metals
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneBullish EngulfingTue, 24 Oct 2017-2.6%
***Stock database and scans are updated around midnight (New York time) every trading day.
10.11 0.00 (0%) Nov 17 4:00pm EST
Open: 9.93 Range: 9.86 - 10.18 Vol: 17.79M Avg Vol: 29.1M
EPS: 0.69 P/E ratio: 14.13 EBITDA: 14.57B Mkt Cap: 50.45B
Analyze "VALE" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 9.96
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 10.10
Last Trade is below the 50 day moving average at 10.24
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 9.59
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of VALE

Stock Trend Analysis - Buy, Sell or Hold "VALE S.A." (VALE)?

VALE is in a very strong uptrend. In the last 52 weeks, VALE has been trading above the 200 day moving average for 95% of the time with an average daily volume of 29.1M shares being traded. The 50 day moving average, currently at 10.24, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. VALE was only able to maintain above the 20 SMA for 32.5% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in VALE is near the 200 SMA currently at 9.59. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "VALE".

The analyst consensus estimates for the 1 year price target for this stock is $11.14* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Basic Industries Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
STLDSteel Dynamics, Inc.Buy, Sell or HoldTrading Levels & Pivots
IOSPInnospec Inc.Buy, Sell or HoldTrading Levels & Pivots
AMWDAmerican Woodmark CorporationBuy, Sell or HoldTrading Levels & Pivots
SDIXStrategic Diagnostics Inc.Buy, Sell or HoldTrading Levels & Pivots
CERPCereplast, Inc.Buy, Sell or HoldTrading Levels & Pivots
RGLDRoyal Gold, Inc.Buy, Sell or HoldTrading Levels & Pivots
FSTRL.B. Foster CompanyBuy, Sell or HoldTrading Levels & Pivots
BIOFBioFuel Energy Corp.Buy, Sell or HoldTrading Levels & Pivots
CDXSCodexis, Inc.Buy, Sell or HoldTrading Levels & Pivots
CHNRChina Natural Resources, Inc.Buy, Sell or HoldTrading Levels & Pivots