Vale: the decline slows, but the money keeps flowing out
Vale rises 1.4%, but money flow keeps deteriorating
Vale: the decline slows, but the money keeps flowing out
Our view last week
Vale shares bounce 3.2% off a clean double bottom in the 72 area, with buyers back in control at 67% of volume after weeks of seller dominance. The sell signal remains under management in its 11th week, with the short above 7% in profit, but beneath the surface money flow keeps deteriorating — the bounce hasn't fully convinced yet.
This week's summary
Vale shares extend the bounce that started a week ago off the double bottom in the 72 area, but with a different pattern: the recovery comes off a touch on the 20-day moving average, in the 75 area, and the week closes up 1.4%, with buyers still in control at 76% of volume. The price stays capped under resistance in the 77 area though, and money flow keeps deteriorating for this mining stock: the push still isn't fully convincing. The short is in its 13th week of management, above 6% in profit.
Ongoing decline
·13th week from start
·Rest of the World stocks
·T2
·📅 Earnings · Jul 30
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IQS Phase
46
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#18 / 18
Rest of the World stocks
Trade P&L %
+6.39%
from signal to date, no stop loss
Rank position
ranks 18th among the 18 sell signals for titoli resto del mondo in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimeweak phase
Performanceweekly -1.62% · monthly -1.16%
VALE3 belongs to the materials sector (reference ETF XLB). The sector is classified weak phase according to our weekly reading.
restricted Platinum content