Trading Signals: VALE Stock Price Prediction and Forecast

^ VALE: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Sep. 27, 2023

Trading Signals: VALE Stock Price Prediction and Forecast (Tue. Apr. 12, 2016 - Wed. Sep. 27, 2023)

(Vale S.A. AD)
VALE latest price $12.9900 (-0.84%) ($12.8800 - $13.2000) on Wed. Sep. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.29% (three month average)
RSI   51
Latest Price   $12.9900(-0.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   VALE declines -1.8% a day on average for past five trading days.
Weekly Trend   VALE declines -0.8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support VALE advance at 0% a week (0% probability)
XLP(95%)    URA(84%)    TLT(81%)    VXX(-314%)    XLE(58%)
Factors Impacting VALE price   VALE will decline at least -1.145% in a week (0% probabilities).
IDRV(57%)    ICLN(107%)    IFRA(172%)    IWD(153%)    IWN(534%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.145% (StdDev 2.29%)
Hourly BBV -1.6 ()
Intraday Trend -1.5%

Resistance Level   $13.68
5 Day Moving Average   $13.38(-2.91%)
10 Day Moving Average   $13.77(-5.66%)
20 Day Moving Average   $13.68(-5.04%)
To recent high   -14.4%
To recent low   5.9%
Market Cap   $66.638b

Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal and Base Metals. The Ferrous Minerals segment includes the extraction of iron ore and the production of pellets, manganese ore, iron alloys, and coal and logistics services. The Coal segment comprises the extraction of coal and its logistic services. The Base Metals segment involves the production of non-ferrous minerals, which include nickel, copper and aluminium. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil.

$. VALE price fluctuates within 3% (three month std-dev: 2.29%) daily (68% of days).

Sample size 12 Average positive next day return: 1.01%(50%) Average negative next day return: -1.56%(50%) Sample size 12 Average positive next three day return: 1.88%(58%) Average negative next three day return: -2.62%(42%) Sample size 12 Average positive next weekly return: 3.96%(58%) Average negative next weekly return: -5.22%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231027

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_27_2023	13.65	13.68	13.77	13.38	13.37	13.12	12.99(-0.84%)	DT	OpenShort	-75	-1	-23	-130	-21	-29	24.75	58%	-0.07	20.3	2.29%	-1.6	-1.7	51	-1.6
2	Sep_26_2023	13.66	13.68	13.86	13.62	13.53	13.29	13.1(-2.24%)	DT	OpenShort	-75	-1.3	-18	-140	-23	-3	15.03	58%	-0.07	46.7	2.29%	-1.1	-1.5	45	-3
3	Sep_25_2023	13.67	13.7	13.92	13.82	13.8	13.61	13.4(-2.55%)	N/A	N/A	0	-1.1	-8	-100	-16	17	34.57	58%	0	68.2	2.27%	-1.3	-0.7	45	-1.5
4	Sep_22_2023	13.67	13.67	13.96	13.97	13.98	13.78	13.75(0.73%)	N/A	N/A	0	-0.5	-3	-100	-13	29	16.4	60%	0	75.1	2.26%	-0.8	0.2	47	-1
5	Sep_21_2023	13.67	13.62	13.92	14.08	14.09	13.98	13.65(-3.87%)	N/A	N/A	0	-0.9	-1	-50	-16	44	20.55	60%	0	79.7	2.26%	0	0.1	59	-0.9

6	Sep_20_2023	13.67	13.59	13.88	14.23	14.26	14.18	14.2(0.57%)	UT	OpenLong	75	-0.1	22	-30	6	69	16.02	61%	0	92.8	2.21%	0.2	1.2	63	-0
7	Sep_19_2023	13.67	13.52	13.83	14.13	14.28	14.19	14.12(0.07%)	UT	OpenLong	75	-0	19	-10	4	64	67.3	61%	0	90.1	2.23%	-1.2	1.2	62	0.9
8	Sep_18_2023	13.67	13.43	13.8	14.03	14.17	14.35	14.11(-1.47%)	UD	OpenLong	75	0.1	23	120	7	72	31.13	61%	0	77.7	2.25%	-1.9	1.2	67	1
9	Sep_15_2023	13.67	13.34	13.78	13.94	14.02	14.37	14.32(-0.56%)	UD	OpenLong	75	0.7	42	190	24	94	18.51	64%	0	63.2	2.24%	0.5	1.7	71	1
10	Sep_14_2023	13.67	13.24	13.66	13.74	13.84	13.99	14.4(5.11%)	UT	OpenLong	75	1.2	40	100	26	80	31.66	64%	0	45.5	2.3%	1.5	2	73	1.5

11	Sep_13_2023	13.67	13.14	13.55	13.5	13.6	13.67	13.7(0.74%)	UT	OpenLong	75	0.4	15	60	2	54	13.48	61%	0	24.8	2.22%	-0.4	1.1	62	1.3
12	Sep_12_2023	13.67	13.07	13.51	13.48	13.5	13.69	13.6(-0.66%)	UT	HoldLong	50	0.2	15	100	-1	64	10.81	61%	0	11.2	2.22%	0.2	1	65	1
13	Sep_11_2023	13.67	13.01	13.45	13.54	13.53	13.52	13.69(2.85%)	UT	OpenLong	75	0.3	21	-10	0	84	18.73	61%	-0.07	2.7	2.24%	1.3	1.3	70	1.3
14	Sep_8_2023	13.68	12.98	13.36	13.6	13.57	13.3	13.31(0.99%)	UD	OpenLong	65	-0.6	22	-150	-5	101	12.04	59%	-0.07	1.5	2.21%	-0.5	0.6	67	1.3
15	Sep_7_2023	13.69	12.99	13.31	13.57	13.57	13.54	13.18(-3.23%)	UD	OpenLong	65	-0.7	20	-50	-9	106	13.5	59%	-0.15	-2.5	2.21%	-1.4	0.4	64	1.2

16	Sep_6_2023	13.71	13.01	13.29	13.6	13.7	13.84	13.62(-1.87%)	UD	OpenLong	75	0	36	90	4	133	15.95	62%	-0.15	-3.3	2.18%	-2.1	1.1	73	1.4
17	Sep_5_2023	13.73	13	13.2	13.54	13.6	13.87	13.88(-0.79%)	UD	OpenLong	75	0.6	54	150	23	147	13.21	62%	-0.36	-9.5	2.17%	0.6	1.6	79	1.7
18	Sep_1_2023	13.78	12.99	13.04	13.35	13.41	13.56	13.99(6.23%)	UT	OpenLong	75	1.1	50	90	26	121	34.55	66%	-0.14	-24.6	2.23%	1.8	1.8	75	2.3
19	Aug_31_2023	13.8	12.98	12.87	13.1	13.17	13.32	13.17(-1.2%)	UD	OpenLong	75	0.1	25	100	10	71	15.77	63%	-0.22	-40.8	2.12%	-1.5	0.3	45	2.3
20	Aug_30_2023	13.83	13	12.79	13.01	13.03	13.26	13.33(0%)	UT	HoldLong	50	0.5	20	130	13	39	10.98	60%	-0.22	-50.2	2.12%	0.9	0.6	44	2.2

21	Aug_29_2023	13.86	13.02	12.68	12.94	12.87	13.01	13.33(3.17%)	UT	OpenLong	75	0.6	13	60	15	5	21.71	60%	-0.14	-58.9	2.17%	1.9	0.5	43	1.7
22	Aug_28_2023	13.88	13.06	12.57	12.81	12.81	12.8	12.92(1.41%)	DP	OpenShort	-65	0.2	-2	-10	11	-42	9.68	57%	-0.07	-63.6	2.15%	2.2	-0.2	33	1.5
23	Aug_25_2023	13.89	13.14	12.53	12.69	12.75	12.74	12.74(0.08%)	DP	OpenShort	-65	0.1	-17	10	6	-85	13.18	59%	-0.22	-66.4	2.18%	-0.4	-0.5	28	0.2
24	Aug_24_2023	13.92	13.21	12.57	12.6	12.64	12.82	12.73(-1.85%)	DP	OpenShort	-65	0.2	-20	110	8	-105	13.1	59%	-0.14	-64.7	2.19%	-0.1	-0.6	29	-0.6
25	Aug_23_2023	13.94	13.31	12.64	12.53	12.54	12.76	12.97(2.21%)	DP	OpenShort	-65	0.5	-15	130	19	-115	17.65	57%		-58.6	2.19%	1.3	-0.4	32	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD