Vale accumulates case 8% a month, with the iron ore stuck to 100 US $

When observing the latest behavior of Vale’s actions (Coupon3), it is noted that the paper follows within a wide lateral strip started since the historic peak that was recorded in 2021. Since then, Active has a recently low trend line (LTB), which began in 2023 and has not yet shown strength to break it consistently. 2025, after reaching the minimum year of the year R $ 48.96It was an attempt to react with buying flow, but that encountered exactly in LTB. Since then, the sales movement has dominated again, and the access is approaching the support zone again.

At the last closure, Coupon3 quit quoted to R $ 52.05Accumulated case of 8.20% Alone in April. During the year the devaluation is 0.86%emphasizes the difficulty with the role of maintaining recovery movements.

To understand how far Vale’s share price can go, check out the entire technical analysis and Headrest and resistance points.

Vale technical analysis

In this week’s diagram, I note that the trend in the medium term is still being pressed by LTB started in 2023. Despite the side movement, which has been drawn since 2021, the current bias is low. Recently, the role has lost moving average values ​​of 9 and 21 periods, which reinforces the weakening of purchasing power.

LTB’s break in February suggested a possible reversal, but quickly lost the role and fell again. Now the attention is reversed to two important points: the immediate support in R $ 50.76 and the smallest of the year in R $ 48.96. Loss of this range may speed up the seller’s movement and give way to R $ 46.58 (At least 2021). During this projects the goals to R $ 43.88, R $ 39.40 and even R $ 36.70.

To reverse this scenario, it will be necessary to return purchasing power with volume and break the averages on 9 and 21 periods – which are today in R $ 53.70 and R $ 54.28. By exceeding these resistance, the asset can search a maximum of 2025 in R $ 58.45 and the average of 200 periods in R $ 61.09. Longer goals are in the regions of R $ 69.36 and R $ 74.38. IFR (14) Each week is in 43.62Still outside the overwhelming zone, which shows technical space for more cases about supporting support.

Check out our analyzes:

Short -term analysis

In the daily diagram, it is observed Coupon3 comes from a strong falling movement after playing the resistance in R $ 62.42. Since then, access has retreated to the minimum of the year (R $ 48.96), reacted hard until R $ 58.45 – Maximum 2025 – but lose the breath again by rediscovering the medium term LTB. Since then it has been in new cases, with strong sales pressure during the last sessions.

Currently, access works for 9, 21 and 200 periods, which reinforces the negative bias. In order to accompany the cases, you must break the support area between R $ 51.15 and R $ 50.00. Losing this region can return to the minimum of the year R $ 48.96With forecasts in R $ 46.58 And at the limit, R $ 43.88 and R $ 41.20.

On the other hand, IFR (14) in the diary of Marca 32.23Near the over -converse zone, which opens a technical space for each short -term repique. For this, the asset must break the resistance in R $ 53.52 And by buying power, targeting the moving averages in R $ 55.50 and R $ 56.10. Above are the goals R $ 58.45, R $ 60.00 And above, R $ 62.42.

Malman analysis

In recent weeks, iron ore has strengthened a consistently low scenario, which has generated immediate reflexes in the assets in steel and mining. When analyzing the chart there is a sales pressure with the formation of Successive gaps of low And the break Important supportmovement that maintains the availability during Short -term moving averages.

The short -term dynamics show that the ore withdrew 5.35% last week and already accumulated if 3.23% falls in the weekreinforces the driver of the driving force. The item has reached the region 710 iuanes (97.14 US $)that becomes an important point: if it is broken it can give way to Sunade Falls.

The next relevant support is in 657 iuanes (89.89 US $)The 600 iuanes (82.09 US $) and in a more stressed scenario, in 510 iuanes (69.77 US $). The graphic pattern, marked by Strong sales pressure and absence of relevant topsindicates that the market has not yet found a reliable technical floor. In order for the ore to signal some recovery again, it will be necessary to overcome important resistance between 729 and 737 iuanes ($ 99.74 to $ 100.83). Above I see longer technical goals in 753.90 iuanes (103.15 US $)The 770.42 iuanes (105.41 US $) And in the most optimistic scenario, 800 iuanes (109.45 US $).

Supports and resistance from Coupon3

Support:

1. R $ 53.52 → First resistance that must be broken to indicate a short -term reaction.
2. R $ 53.70 / R $ 54.28 → Mobile averages of 9 and 21 periods in this week’s chart. Important zone for changing bias.
3. R $ 55.50 / R $ 56.10 → Mobile average in the daily diagram (200 and 21 periods).
4. R $ 58.45 → Maximum 2025and point where the paper recently failed.
5. R $ 60.00 / R $ 62.42 → Stronger short -term resistance. R $ 62.42 was a previous top.
6. R $ 61.09 → Average of 200 periods in this week’s diagram, significant resistance to the medium term.
7. R $ 69.36 / R $ 74.38 → Long goals for more structured reversal.

Resistance:

1. R $ 58.24 → Maximum 2025; Key level which, if broken, can increase new heights.
2. R $ 60.00 – R $ 62.40 → Important resistance area; Break can lead to access to higher levels.
3. R $ 61.32 → 200 periods moving in this week’s diagram; Strong technical barrier.
4. R $ 64.56 → Region with intermediate resistance.
5. R $ 69.35 – R $ 72.06 → Significant resistance and can serve as a target if the paper maintains the high.
6. R $ 74.38 – R $ 80.81 → Historical top and longer goals for an optimistic scenario.

(Rodrigo Paz is a technical analyst)

Technical analysis guides:

Check out more content if technical analysis in I am a trader. Daily infomoney publishes what one might expect from dollars and index minihoods.