Tickeron's Automated Factory Delivers 7.31% Gain for $VALE within One Week
One such AI trading robot, known as Day Trader: Medium Volatility Stocks for Active Trading (TA&FA), has recently showcased its exceptional performance by generating a remarkable 7.31% gain while trading VALE over the course of the previous week. Let's delve into the technical analysis behind this success and evaluate the latest earnings results for VALE.
Technical analysis plays a vital role in predicting future stock movements based on historical price and volume data. One commonly used tool is the moving average, which helps identify trends and potential turning points in the market. In the case of VALE, the 50-day moving average crossed below the 200-day moving average on May 30, 2023. This event often signifies a long-term bearish signal, indicating a potential shift towards a downward trend for the stock.
While technical analysis provides valuable insights into market trends, fundamental factors such as earnings reports are equally important in assessing a company's financial health. VALE's most recent earnings report, released on April 26, revealed earnings per share of 40 cents, falling short of the estimated 49 cents. This earnings miss suggests that the company's performance may not have met market expectations.
Considering VALE's current market capitalization of 59.99 billion dollars, with 3.50 million shares outstanding, it is crucial to analyze the potential impact of the earnings results on the company's overall valuation. A miss on earnings estimates could lead to a decrease in investor confidence and potentially affect the stock's value.
The Day Trader AI trading robot has demonstrated its prowess by delivering impressive gains while trading VALE during a volatile period. However, the technical analysis indicates a potential shift towards a downward trend for the stock. Additionally, VALE's recent earnings report, with earnings per share falling short of estimates, could affect the market's perception of the company's performance.
VALE in +3.16% Uptrend, advancing for three consecutive days on September 29, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where VALE advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day moving average for VALE crossed bullishly above the 50-day moving average on September 08, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 255 cases where VALE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for VALE moved out of overbought territory on September 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on VALE as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for VALE turned negative on September 25, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
VALE moved below its 50-day moving average on September 25, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VALE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
VALE broke above its upper Bollinger Band on September 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.469) is normal, around the industry mean (6.429). P/E Ratio (5.444) is within average values for comparable stocks, (98.110). Projected Growth (PEG Ratio) (7.615) is also within normal values, averaging (3.103). Dividend Yield (0.056) settles around the average of (0.061) among similar stocks. P/S Ratio (1.536) is also within normal values, averaging (225.168).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VALE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company that mines and exports iron ore and pellets, manganese, and iron alloys
Industry OtherMetalsMinerals
VALE and
Correlation & Price change
A.I.dvisor indicates that over the last year, VALE has been closely correlated with RIO. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if VALE jumps, then RIO could also see price increases.
| Ticker / NAME | Correlation To VALE | 1D Price Change % | ||
|---|---|---|---|---|
| VALE | 100% | +1.28% | ||
| RIO - VALE | 78% Closely correlated | -0.24% | ||
| BHP - VALE | 76% Closely correlated | -0.56% | ||
| SCCO - VALE | 66% Closely correlated | +0.39% | ||
| FCX - VALE | 64% Loosely correlated | -0.11% | ||
| HBM - VALE | 62% Loosely correlated | +3.40% | ||
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