VALE S.A. ADS
VALE S.A.  ADS
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VALE
ISIN:

VALE S.A. ADS - 1H - Technical analysis published on 03/09/2023 (GMT)

  • 126
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
50%
0%
50%
My opinion
Neutral between 16.31 USD and 16.89 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 16.31 USD. The first resistance is located at 16.89 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

VALE S.A. ADS rating 16.72 USD. The price has increased by +2.45% since the last closing and was traded between 16.59 USD and 16.91 USD over the period. The price is currently at +0.78% from its lowest and -1.12% from its highest.

16.59
16.91
16.72

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VALE S.A. ADS:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of VALE S.A. ADS in 1H shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.59 16.31 16.65 16.72 16.89 17.71 18.69
Change (%) -6.76% -2.45% -0.42% - +1.02% +5.92% +11.78%
Change -1.13 -0.41 -0.07 - +0.17 +0.99 +1.97
Level Intermediate Major Intermediate - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.2516.4216.5716.7416.8917.0617.21
Camarilla16.6316.6616.6916.7216.7516.7816.81
Woodie16.2416.4216.5616.7416.8817.0617.20
Fibonacci16.4216.5416.6216.7416.8616.9417.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.9415.5216.3216.9017.7018.2819.08
Camarilla16.7316.8616.9817.1117.2417.3617.49
Woodie15.0415.5816.4216.9617.8018.3419.18
Fibonacci15.5216.0516.3816.9017.4317.7618.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.0414.5715.4616.9917.8819.4120.30
Camarilla15.6815.9016.1216.3416.5616.7817.01
Woodie12.7114.4115.1316.8317.5519.2519.97
Fibonacci14.5715.5016.0716.9917.9218.4919.41

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 52.31
MACD (12,26,9): -0.0300
Directional Movement: 5.12
AROON (14): 28.58
DEMA (21): 16.61
Parabolic SAR (0,02-0,02-0,2): 16.40
Elder Ray (13): 0.04
Super Trend (3,10): 16.27
Zig ZAG (10): 16.74
VORTEX (21): 0.8800
Stochastique (14,3,5): 65.63
TEMA (21): 16.61
Williams %R (14): -26.56
Chande Momentum Oscillator (20): 0.28
Repulse (5,40,3): 0.4400
ROCnROLL: -1
TRIX (15,9): -0.0700
Courbe Coppock: 0.14
MA7: 16.80
MA20: 16.80
MA50: 17.37
MA100: 16.13
MAexp7: 16.67
MAexp20: 16.67
MAexp50: 16.73
MAexp100: 16.83
Price / MA7: -0.48%
Price / MA20: -0.48%
Price / MA50: -3.74%
Price / MA100: +3.66%
Price / MAexp7: +0.42%
Price / MAexp20: +0.42%
Price / MAexp50: +0.06%
Price / MAexp100: -0.53%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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