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 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where VALE's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 06, 2023. You may want to consider a long position or call options on VALE as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for VALE just turned positive on June 02, 2023. Looking at past instances where VALE's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
VALE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for VALE moved below the 200-day moving average on May 30, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an 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 .
The Aroon Indicator for VALE entered a downward trend on June 09, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 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 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 88, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. VALE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (1.665) is normal, around the industry mean (6.481). P/E Ratio (4.535) is within average values for comparable stocks, (87.151). VALE's Projected Growth (PEG Ratio) (7.615) is slightly higher than the industry average of (2.073). Dividend Yield (0.029) settles around the average of (0.070) among similar stocks. P/S Ratio (1.542) is also within normal values, averaging (190.572).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company that mines and exports iron ore and pellets, manganese, and iron alloys
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.
|RIO - VALE|
|BHP - VALE|
|SCCO - VALE|
|FCX - VALE|
|HBM - VALE|