Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
VALE S.A. American Depositary Shares Each Representing one common share (NYSE:VALE)
Countertrend Up (+85) - VALE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VALE?
MarketClub looks at technical strength and momentum to determine if the timing is right for VALE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VALE
The long-term trend has been UP since Nov 3rd, 2023 at 14.5933
The intermediate-term trend has been UP since Oct 27th, 2023 at 13.5350
The short-term trend has been DOWN since Nov 24th, 2023 at 15.1000
Smart Scan Analysis for VALE
Based on our trend formula, VALE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.970 | 15.040 | 14.900 | 15.009 | +0.069 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.000 | 13179999 | 2023-11-30 15:59:47 |
| Year High | 16.13 | Year High Date | 2018-10-03 |
| Year Low | 11.93 | Year Low Date | 2018-03-28 |
| 52wk High | 19.31 | 52wk High Date | 2023-01-26 |
| 52wk Low | 12.22 | 52wk Low Date | 2023-08-16 |
| Year End Close | 20.96 | Average Volume | 21,252,004 |
| Shares Outstanding | 3,181,727 | Short Interest | 17,712,028 |
| % Institutional | 9.1 | Market Cap | 60,565M |
| Assets | 445,621,000M | Liabilities | 255,449,000M |
| P/E Ratio | 3.0668 | Beta | 1.63 |
| Volatility | 49.35 |