VALE Stock Vale SA (VALE, $12.99) RSI Indicator left the overbought zone on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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VALE - Vale SA
RSI signal
Bearish Trend
Odds of DOWN Trend
RSI signal
Price: $12.99
Daily change: +$0.33 (+2.61%)
Daily volume: 26.2M
Capitalization: $54.1B
Industry: Other Metals/Minerals
This is a signal that VALE's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 39 similar cases where VALE's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:
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General Information

a company that mines and exports iron ore and pellets, manganese, and iron alloys

Industry OtherMetalsMinerals

Profile
Fundamentals
Details
Industry
Steel
Address
Praia de Botafogo, 186
Phone
+55 2134853900
Employees
74316
Web
https://www.vale.com