How Will the Market React to Vale SA (VALE) Stock Getting a Bullish Rating

Vale SA (VALE) stock has gained 10.22% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Vale SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VALE!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With VALE Stock Today?

Vale SA (VALE) stock is unchanged -0.03% while the S&P 500 is down -1.05% as of 10:17 AM on Monday, Dec 5. VALE is unchanged $0.00 from the previous closing price of $16.72 on volume of 3,141,598 shares. Over the past year the S&P 500 has fallen -12.27% while VALE has gained 24.87%. VALE earned $4.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.86. To screen for more stocks like Vale SA click here.

More About Vale SA

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertiliser, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Click Here to get the full Stock Report for Vale SA stock.