Trading Signals: VALE Stock Price Prediction and Forecast (Tue. Apr. 12, 2016 - Wed. Sep. 27, 2023)(Vale S.A. AD)
| VALE latest price $11.2400 (-1.83%) ($11.2100 - $11.5200) on Mon. Oct. 7, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.05% (three month average) | RSI | 36 | Latest Price | $11.2400(-1.83%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | VALE declines -0.5% a day on average for past five trading days. | Weekly Trend | VALE declines -1.9% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support VALE advance at 0% a week (0% probability) VWO(63%) XLB(60%) EEM(59%) XME(59%) VT(58%) | Factors Impacting VALE price | VALE will decline at least -1.025% in a week (0% probabilities). VIXM(-41%) VXX(-21%) TLT(-20%) UUP(-18%) IGOV(-4%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.025% (StdDev 2.05%) | Hourly BBV | 0 () | Intraday Trend | -1.7% | | | |
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Resistance Level | $11.54 | 5 Day Moving Average | $11.21(0.27%) | 10 Day Moving Average | $11.31(-0.62%) | 20 Day Moving Average | $11.54(-2.6%) | To recent high | -19.9% | To recent low | 9.3% | Market Cap | $57.66b | | | | Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal and Base Metals. The Ferrous Minerals segment includes the extraction of iron ore and the production of pellets, manganese ore, iron alloys, and coal and logistics services. The Coal segment comprises the extraction of coal and its logistic services. The Base Metals segment involves the production of non-ferrous minerals, which include nickel, copper and aluminium. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil. |