Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 11.32 and 10.75. If the stock breaks down through support at 11.32 then it will probably continue lower to 10.75. The stock has resistance at 11.78 and at 13.69. If the stock breaks up through resistance at 11.78 then it will probably continue higher to 13.69. The 200-day moving average is at 10.72. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 11.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (77.63), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 11.32 and 10.71. If the stock breaks down through support at 11.32 then it will probably continue lower to 10.71. The stock has resistance at 11.78 and at 13.69. If the stock breaks up through resistance at 11.78 then it will probably continue higher to 13.69. The 200-day moving average is at 10.71. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 11.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (83.19), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 10.98 and 10.34. If the stock breaks down through support at 10.98 then it will probably continue lower to 10.34. The stock has resistance at 11.32 and at 13.69. If the stock breaks up through resistance at 11.32 then it will probably continue higher to 13.69. The 200-day moving average is at 10.70. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 10.98 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (78.85).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 10.98 and 10.34. If the stock breaks down through support at 10.98 then it will probably continue lower to 10.34. The stock has resistance at 11.32 and at 13.69. If the stock breaks up through resistance at 11.32 then it will probably continue higher to 13.69. The 200-day moving average is at 10.70. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 10.98 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (78.85).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 10.98 and 10.08. If the stock breaks down through support at 10.98 then it will probably continue lower to 10.08. The stock has resistance at 11.32 and at 12.64. If the stock breaks up through resistance at 11.32 then it will probably continue higher to 12.64. The 200-day moving average is at 10.70. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 10.98 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (74.97).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 10.18 and 9.09. If the stock breaks down through support at 10.18 then it will probably continue lower to 9.09. The stock has resistance at 10.79 and at 11.32. If the stock breaks up through resistance at 10.79 then it will probably continue higher to 11.32. The 200-day moving average is at 10.79. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 10.18 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (69.84).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 10.19 and 9.06. If the stock breaks down through support at 10.19 then it will probably continue lower to 9.06. The stock has resistance at 10.79 and at 12.64. If the stock breaks up through resistance at 10.79 then it will probably continue higher to 12.64. The 200-day moving average is at 10.79. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 10.19 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (74.17).”

Vale S.A.(VALE) “On a long-term technical basis, the stock (VALE) is trading below its 200-day moving average which implies it is in a negative trend. However, the stock has broken up through an important long-term resistance level at 8.31 suggesting the long-term down trend could be turning neutral. If this new level of support at 8.88 holds, look for a move higher to the next resistance level at 10.56.

The stock has support at 8.88 and 8.31. If the stock breaks down through support at 8.88 then it will probably continue lower to 8.31. The stock has resistance at 9.43 and at 10.56. If the stock breaks up through resistance at 9.43 then it will probably continue higher to 10.56. The 200-day moving average is at 10.87. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (72.13).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 8.08 and 7.45. If the stock breaks down through support at 8.08 then it will probably continue lower to 7.45. The stock has resistance at 8.37 and at 8.80. If the stock breaks up through resistance at 8.37 then it will probably continue higher to 8.80. The 200-day moving average is at 10.91. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (57.16).”

Vale S.A (VALE) “On a long-term technical basis, the stock (VALE) is trading below its 200-day moving average which implies it is in a negative trend. However, the stock has broken up through an important long-term resistance level at 8.51 suggesting the long-term down trend could be turning neutral. If this new level of support at 8.51 holds, look for a move higher to the next resistance level at 9.59.

The stock has support at 8.51 and 7.45. If the stock breaks down through support at 8.51 then it will probably continue lower to 7.45. The stock has resistance at 8.80 and at 9.59. If the stock breaks up through resistance at 8.80 then it will probably continue higher to 9.59. The 200-day moving average is at 11.03. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (45.61).”