VALE stock: buy or sell

VALE stock price: $19.42 1.36% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

1

VALE stock brief

  • VALE closed on Wednesday at $19.42 after inching a 1.36%.
  • VALE is presenting its earnings report next Tuesday
  • On April 15, VALE made public its Q4 earnings report
  • 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?

Currently, VALE stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $VALE in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell VALE stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies prevent us from making rash decisions based on our personal moods or the buzz that surrounds the market. When selling, as well as buying, our setups are very easy to use and are only applicable for selling stocks you already own, not for shorting $VALE stock

As a golden rule, you should never mantain an investment that leads to losses greater than those expected upon the buy. When to sell your stock should always be ruled by the stop-loss (automatic or manual)

Is it time to sell VALE stock?

Currently, VALE stock doesn't match any of our preferred sell setups, so if you hold VALE stock and your operation is in profit probably is not time to sell now

VALE ratings

We don't have any rating published in the last 30 days for VALE

VALE stock analysis

SMAs overview

VALE stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $21.95 (13.03% above)
  • The current support levels are:

  • S1: $18.17 (-6.44% below)
  • S2: $18.14 (-6.59% below)
  • S3: $17.93 (-7.67% below)
  • Bollinger bands

    Since the price surpassed the upper band last Friday, the price has corrected downwards by 0.56%

    VALE stock Bollinger Bands chart

    Relative strength index

    When the stays for so long below 70 and above 30, without any indication of overbought and oversold, the indicator is of little use, and we are currently in one of these cases.

    VALE stock RSI chart

    VALE stock price history

    VALE went public on Mar 22nd, 2002 priced at $1.09 per share1. Since then, VALE stock has risen by 1,681.65%, with an average of 88.51% per year. If you had invested thousand dollars in VALE stock at that time, it would worth $17,816.51 today.

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

    VALE stock price history chart

    Price target for VALE stock

    Nobody can predict how much a stock will be priced in the future. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, brokerage institutions publish their price estimates based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental information by the company, and many times. If you are a small investor you should not trade based on these forecasts.

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

    Earnings and financials

    VALE ($VALE) is posting quarterly financial report next Tuesday.

    Vale S.A. ($VALE) published quarterly earnings of $0.17 per share on April 15, significantly lowering the analysts consensus estimate of $0.96 per share. This Q4 report represents an earnings surprise of -82.29%.

    Same quarter one year ago, reported EPS was $-0.12, so recently posted EPS means a gain of 241.67%. Looking at turnover, figures exploded a 92.44% compared to $410.2B same quarter 12 months ago.

    VALE performance

    VALE performance compared
    Company1m3m6m
    VALE ($VALE) 14.20% 14.60% 83.20%

    Please read:
    The comments written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the individual positions of the reader, his or her 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 Opinions are expressed for general educational reasons only

    VALE summary

    Wednesday, April 21st, 2021
    Open$19.09
    Close$19.42
    Day range$18.79 - $19.52
    Previous close$19.16
    Session gain1.36%
    Average true range$0.74
    50d mov avg$17.47
    100d mov avg$16.81
    200d mov avg$13.68
    Earnings dateApril 27th, 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 issued by market analysts in the last 4 weeks for VALE.