VALE stock: buy or sell

VALE stock price: $17.64 -6.86% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

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VALE stock brief

  • VALE stock dropped -6.86% to close at $17.64 on the stock market last Friday.
  • The stock is configuring an uptrend pattern since last October, when it bottomed at $10.29. Up to date, shares marked a 71.43% profit since the beginning of this rally
  • Vale S. A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.

Should I buy VALE stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $VALE stock a buy?

In the current situation of VALE there is not any eligible buy setup. This doesn't mean $VALE will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell VALE stock?

"To sell or not to sell", if you are holding VALE shares?. Similarly to when we have to buy shares, choosing when is appropiate time to sell is not a haphazard decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed strategies are very easy to use and are only applicable for selling shares in your porfolio, not for shorting VALE stock

A golden rule is that you must never mantain a trading operation that yields greater losses than those expected by the time of the buy. The timing to sell your stock always has to be ruled by the stop-loss (automatic or manual)

Is it time to sell VALE stock?

In the current situation of VALE there is not any eligible sell setup, so VALE stock holders with operations in green can keep their positions

VALE ratings

We don't have any rating posted in the last month for VALE

VALE stock analysis

VALE stock started an uptrend last October, and grew an amazing 71.43%. The price line shows higher peaks and troughs, and along the way gave very few entry points for those who wanted to enter. Latest low was last October, when price bounced at $10.39. Like in all uptrends, price needs to rest and now price is consolidating the gains in a range between $19.00 and $10.39

SMAs overview

VALE stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $18.82 (6.69% above)
  • R2: $18.87 (6.97% above)
  • R3: $19.00 (7.71% above)
  • The current support levels are:

  • S1: $16.98 (-3.74% below)
  • S2: $16.95 (-3.91% below)
  • S3: $16.27 (-7.77% below)
  • Bollinger bands

    Since the price surpassed the upper band on January 8, the price corrected downwards by 6.86%

    VALE stock Bollinger Bands chart

    Relative strength index

    After crossing up the line of 70 yesterday, dropped back below with a reading of 54.48. This is a weak signal for the VALE shares and it must put us on alert of weakness in the price action

    VALE stock RSI chart

    VALE stock price history

    VALE IPO was on Mar 22nd, 2002 at $0.81 per share1. Since then, VALE stock surged by 2,077.78%, with an average of 115.43% per year. An investment of $1,000USD on Mar 2002 would have a value of $21,777.78 today.

    1: Adjusted price after possible price splits or reverse-splits

    VALE stock price history chart

    Price target for VALE stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    The following table shows the price target released by financial institutions in the last month. Again, these predictions are not direct recommendations for small investors and should not be followed blindly.

    We don't have any target price published in the previous 30 days for VALE.

    Earnings and financials

    VALE ($VALE) had the quarterly financial event and released the report last October. VALE underperformed market estimates and reported of $0.57, that is a -25.97% worse than the initial estimates of $0.77. On the other hand, reported revenues were $10.8 billion compared to estimates of $11.7 billion.

    In comparing, the EPS for the same quarter last year was $0.36, so reported EPS means a improvement of 58.33%. Turnover exploded a 42.40% on an annualized basis in the , from $406.6B to $579.1B last quarter.

    VALE ($VALE) posts quarterly earnings report next April.

    VALE performance

    VALE performance compared
    Company1m3m6m
    VALE ($VALE) 5.80% 57.20% 62.40%

    Important note:
    The viewpoints given in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the particular positions of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for educative motives only

    VALE summary

    Friday, January 15th, 2021
    Open$18.28
    Close$17.64
    Day range$17.61 - $18.29
    Previous close$18.94
    Session gain-6.86%
    Average true range$0.63
    50d mov avg$15.42
    100d mov avg$13.13
    200d mov avg$11.33
    Earnings dateApril 15th, 2021

    Frequently asked questions

    What is VALE stock symbol?

    Vale S.A. is a public company trading in the US stock market with the VALE symbol

    Is VALE stock a buy or sell?

    VALE had no ratings in the last 30 days Read the article to get additional tips on trading VALE stock.

    Will VALE go up?

    There were no predictions posted by analysts in the last 30 days for VALE.