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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 09/14/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 14.03 USD
My targets
14.90 USD (+4.12%)
15.42 USD (+7.74%)
My analysis
The bullish trend is currently very strong on VALE S.A. ADS. As long as the price remains above the support at 14.03 USD, you could try to benefit from the boom. The first bullish objective is located at 14.90 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.42 USD as an objective. Crossing it would then enable buyers to target 16.49 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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.

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

Additional analysis

Quotes

VALE S.A. ADS rating 14.31 USD. The price has increased by +4.45% since the last closing with the lowest point at 14.14 USD and the highest point at 14.39 USD. The deviation from the price is +1.20% for the low point and -0.56% for the high point.

14.14
14.39
14.31

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of VALE S.A. ADS in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.59 13.82 14.03 14.31 14.90 16.49 18.45
Change (%) -5.03% -3.42% -1.96% - +4.12% +15.23% +28.93%
Change -0.72 -0.49 -0.28 - +0.59 +2.18 +4.14
Level Minor Minor Intermediate - Major Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.4813.5513.6313.7013.7813.8513.93
Camarilla13.6613.6713.6913.7013.7113.7313.74
Woodie13.4813.5513.6313.7013.7813.8513.93
Fibonacci13.5513.6113.6513.7013.7613.8013.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.0712.6012.9613.4913.8514.3814.74
Camarilla13.0713.1513.2313.3113.3913.4713.56
Woodie11.9812.5612.8713.4513.7614.3414.65
Fibonacci12.6012.9413.1513.4913.8314.0414.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.9711.1012.1313.2614.2915.4216.45
Camarilla12.5812.7712.9713.1713.3713.5713.76
Woodie9.9311.0812.0913.2414.2515.4016.41
Fibonacci11.1011.9212.4313.2614.0814.5915.42

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 77.10
MACD (12,26,9): 0.1600
Directional Movement: 37.65
AROON (14): 64.29
DEMA (21): 14.02
Parabolic SAR (0,02-0,02-0,2): 13.74
Elder Ray (13): 0.44
Super Trend (3,10): 13.99
Zig ZAG (10): 14.36
VORTEX (21): 1.0900
Stochastique (14,3,5): 95.17
TEMA (21): 14.13
Williams %R (14): -5.62
Chande Momentum Oscillator (20): 0.67
Repulse (5,40,3): 0.6700
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 4.87
MA7: 13.63
MA20: 13.21
MA50: 13.60
MA100: 13.68
MAexp7: 14.07
MAexp20: 13.84
MAexp50: 13.66
MAexp100: 13.50
Price / MA7: +4.99%
Price / MA20: +8.33%
Price / MA50: +5.22%
Price / MA100: +4.61%
Price / MAexp7: +1.71%
Price / MAexp20: +3.40%
Price / MAexp50: +4.76%
Price / MAexp100: +6.00%

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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Londinia AI

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