VALE Stock Forecast & Vale S.A. Chart Analysis
This article provides a detailed analysis of VALE-Vale S.A. stock including a forecast for VALE shares. It features Vale S.A. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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VALE Historical Data Review
VALE Current Price Performance Analysis
The Vale S.A. - VALE stock traded on the American stock market, on 06-05-2024, closed at 11.41$ with a %-1.13 decreased compared to the previous day.
In the last month, the price of VALE changed by %-9.37 decreased in value, from 12.59 dollars on 05-06-2024 to 11.41 dollars, decreased.
Last year, the price of VALE was 13.74 dollars on 06-06-2023, and changed by %-16.96 decreased in value, to 11.41 dollars decreased within a year.
The price of Vale S.A. stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
VALE with AI Stock Forecast & Price Target
On the VALE chart Vale S.A. price was recorded as 11.41 Dollars on 06/05/2024.
The artificial intelligence's forecast on VALE stock is as follows.
The artificial intelligence's prediction error margin for VALE stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Vale S.A. stock over the next 4 months is: 6.6 Dollars.
The commentary on VALE stock Target Price: Highest: 12.112 Dollars is predicted.
The commentary on VALE stock Target Price: Lowest: 4.268 Dollars is predicted.
Resistance Price where Vale S.A. stock will Rise and Fall:
Date | Price Prediction |
---|---|
11-12-2024 | 5.714 |
Support Price where Vale S.A. stock will Fall and Rise:
Date | Price Prediction |
---|---|
11-07-2024 | 5.711 |
03-27-2025 | 4.268 |
The commentary on VALE stock: The target price can generally be said to be on the decline.
The commentary on VALE stock: Fluctuations in the target price can be expected in the coming days.
The target price for Vale S.A. stock by the end of 2024 is predicted to be 5.548 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on VALE stock, and the 2024 target price predictions for Vale S.A. are detailed above.
The technical analysis and charts for the commentary on VALE stock are below.
VALE Support & Resistance and Trend Analysis
VALE stock you have reviewed the technical analysis support resistance charts regarding.
VALE : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the VALE review, the Vale S.A. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Vale S.A. Support and Resistance Prices:
VALE Support Level Price | VALE Resistance Level Price |
---|---|
11.52 | 12.55 |
11.73 | 12.67 |
11.88 | 12.88 |
12.26 | 12.94 |
13.03 | 13.14 |
13.09 | 13.68 |
13.27 | 13.76 |
14.21 | 13.77 |
14.51 | 14.47 |
14.54 | |
15.76 | |
16.02 | |
16.08 |
VALE Technical Analysis: SMA, RSI, MACD
Upon reviewing the VALE chart, buy and sell signals have been generated in the Vale S.A. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for VALE stock are as follows:- VALE technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Vale S.A. gave a 'Buy' signal when the RSI was at 27.273, with the current RSI value at 21.951.
- The technical analysis for Vale S.A. indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Vale S.A. stock: Click here to read more predictions on Norfolk Southern Corporation stock.
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