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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
VALE S.A. American Depositary Shares Each Representing one common share (NYSE:VALE)
Long-Term Downtrend (-90) - VALE is in a strong downtrend that is likely to continue. While VALE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 2nd, 2024 at 13.53
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 11.73
The short-term trend has been DOWN since Apr 12th, 2024 at 12.06
Smart Scan Analysis for VALE
Based on our trend formula, VALE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.87 | 11.97 | 11.74 | 11.85 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.85 | 25087544 | 2024-04-18 15:59:37 |
| Year High | 16.13 | Year High Date | 2018-10-03 |
| Year Low | 11.93 | Year Low Date | 2018-03-28 |
| 52wk High | 16.08 | 52wk High Date | 2023-12-27 |
| 52wk Low | 11.52 | 52wk Low Date | 2024-04-16 |
| Year End Close | 20.96 | Average Volume | 28,469,954 |
| Shares Outstanding | 3,181,727 | Short Interest | 17,712,028 |
| % Institutional | 9.1 | Market Cap | 60,565M |
| Assets | 455,984,000M | Liabilities | 265,019,000M |
| P/E Ratio | 6.2831 | Beta | 1.63 |
| Volatility | 49.35 |