VALE Price Prediction Next Week
Analysis and Insights
Technical Analysis:
VALE's stock has shown resilience, closing at $9.78 with a 0.82% gain. The RSI (14) is at 60.24, indicating the stock is not overbought. The MACD is slightly bullish, and the Stochastic Oscillator suggests a potential bullish crossover.
Fundamental Analysis:
VALE declared a dividend of $0.3757 per share, attracting income investors. The company is reducing capital expenditures and optimizing costs, which could improve profitability. Analysts expect EPS of $0.40 and revenue of $8.81 billion, indicating moderate growth.
Event Impact:
The bullish option flow with a Put/Call Ratio of 0.55 suggests positive sentiment. The Fibonacci levels indicate resistance at $10.10 and $10.34, with support at $9.32 and $9.08.
Conclusion:
Based on the analysis, VALE is expected to rise to $10.20 next week, reaching the first resistance level. The bullish sentiment and improving fundamentals support a BUY recommendation.
VALE Similar Chart Price Prediction
The price of VALE is predicted to go up -1.21%, based on the high correlation periods with BNY. The similarity of these two price pattern on the periods is 95.61%.
VALE
BNY
Down: -1.21%Similarity: 95.61%
VALE Revenue Forecast
VALE EPS Forecast
VALE FAQs
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VALE VS S&P500
Vale's lower unit costs relative to producers in India and China, as well as high-cost producers such as Anglo American, allow it to remain profitable even in depressed price environments.
Vale's high-quality ore with iron content of around 63%-64% could attract significant premiums relative to the 62% benchmark.
Vale could benefit from efforts to decarbonize steelmaking. Steelmakers prefer higher-grade inputs, such as Vale's iron ore, as they require less metallurgical coal and result in lower carbon emissions per metric ton of steel produced.
VALE Analyst's Forecast
Alfonso Salazar
Scotiabank
Hold
2025-01-06
Price Target
$14 → $13
Upside
+50.81%
Scotiabank analyst Alfonso Salazar lowered the firm's price target on Vale to $13 from $14 and keeps a Sector Perform rating on the shares. The majority of miners are expected to release their upcoming 2025 operating guidance over the next few weeks ahead of Q4 financial reporting, the analyst tells investors. The firm expects that despite near-term commodity price risk due to economic uncertainty in China and ex-China markets, 2025 should be a relatively solid year for most miners driven by higher output and improved cash costs.
Scott Valentin
Jefferies
Strong Buy
2025-01-06
Price Target
$14 → $11
Upside
+27.61%
Amos Fletcher
Barclays
Buy
2024-12-04
Price Target
$16 → $15
Upside
+60.36%
