Stronger Sell Today VALE ranks #4245 as SELL CANDIDATE. Weaker Sell
Today VALE ranks #4245 as SELL CANDIDATE.

VALE stock Vale S.A.

VALE stock
Vale S.A.

February 15, 2019
Change 2.75%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Buy
TREND
Sell

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will VALE stock price go up or down on Tue, 19 Feb 2019?

Vale S.A. Forecast and Stock Analysis

Technical VALE stock analysis for February 15, 2019.

Sell candidate since 2019-01-25 Loss -9.74%
Shorts 1.31% ( 2019-01-31 )
Cash n/a
Loans n/a
Beta 1.14
ROA 4.10

Vale S.A. gained 2.75% in the last trading day, rising from $12.00 to $12.33 The price has fallen in 5 of the last 10 days and is down by -1.91% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 29.03 million more shares were traded than the day before. In total, 29.03 million shares bought and sold for approximately $357.88 million.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the VALE stock was $12.33. This is 2.75% more than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 1.73% from a day low at $12.16 to a day high of $12.37.

30 day high of the VALE stock price was $15.45 and low was $10.89.
90 day high was $15.45 and low was $10.89.
52 week high for the Vale S.A. - $16.13 and low - $10.89.

Trend

Vale S.A. lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.63% during the next 3 months and, with 90% probability hold a price between $9.80 and $13.06 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Thursday February 07, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Vale S.A. holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $13.07. On a fall, the stock will find some support from the short-term average at $11.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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A buy signal from a double bottom formation was found on Thursday February 07, 2019 with a target of $12.15. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 62 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $11.48 and $11.36.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Vale S.A. finds support just below today's level at $11.48. If this is broken, then the next support from accumulated volume will be at $11.36 and $11.20.

Support: $11.48 Price: $12.33 Resistance: $12.59

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.21 between high and low, or 1.73%. For the last week, the stock has had a daily average volatility of 2.68%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today VALE ranks #4245 as SELL CANDIDATE. Weaker Sell
Today VALE ranks #4245 as SELL CANDIDATE.