Vale S.A.: the decline loses steam, without new lows

Vale S.A. is at week 9 of a sell signal, and signal strength falls to 12 out of 100: a decline losing steam, not a confirmed reversal. The setup quality indicator sits at 56 out of 100, in the ordinary band, and the stock ranks 18th among the 22 sell signals in the Rest of the World group. Price stays trapped between its nearest resistance and support.