Stronger Sell Today VALE ranks #4838 as SELL CANDIDATE. Weaker Sell
Today VALE ranks #4838 as SELL CANDIDATE.

VALE stock Vale S.A.

VALE stock
Vale S.A.

April 24, 2019
Change -4.63%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Social Sentiment for VALE

Today's data is from 2 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.17

Will VALE stock price go up or down on Fri, 26 Apr 2019?

Vale S.A. Forecast and Stock Analysis

Technical VALE stock analysis for April 24, 2019.

Sell candidate since 2019-04-22 Loss -3.83%
Shorts 2.09% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.11
ROA 7.32

Vale S.A. fell by -4.63% in the last day from $13.17 to $12.56 The price has fallen in 6 of the last 10 days and is down by -7.44% for this period. Volume has increased in the last day by 7.38 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 26.14 million shares bought and sold for approximately $328.33 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the VALE stock was $12.56. This is 4.63% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 3.83% from a day low at $12.54 to a day high of $13.02.

30 day high of the VALE stock price was $13.85 and low was $12.32.
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. has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $12.63. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Vale S.A. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $13.18 and $13.18. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday April 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 36 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: $12.56 Resistance: $12.59

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.48 (3.83%) between high and low. For the last week, the stock has had a daily average volatility of 3.00%.

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 #4838 as SELL CANDIDATE. Weaker Sell
Today VALE ranks #4838 as SELL CANDIDATE.