A list of stock prices rising and declining in value
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Stocks Showing Improved Relative Strength: Vale

A list of stock prices rising and declining in value
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On Wednesday, Vale ( VALE ) earned an upgrade to its Relative Strength ( RS ) Rating , from 64 to 75.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.

Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their largest runs. See if Vale can continue to rebound and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Vale is trying to complete a cup without handle with an 11.82 buy point . See if the stock can clear the breakout price in heavy trade.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 31% to 126%. Revenue rose from 17% to 35%.

The company holds the No. 3 rank among its peers in the Mining-Metal Ores industry group. Mesabi Trust ( MSB ) is the No. 1-ranked stock within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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