In trading on Friday, shares of Vale S.A. (Symbol: VALE) crossed above their 200 day moving average of $14.62, changing hands as high as $14.80 per share. Vale S.A. shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of VALE shares, versus its 200 day moving average:
Looking at the chart above, VALE's low point in its 52 week range is $12.29 per share, with $18.55 as the 52 week high point - that compares with a last trade of $14.71.
According to the ETF Finder at ETF Channel, VALE makes up 14.37% of the Steel ETF (Symbol: SLX) which is trading higher by about 1.7% on the day Friday.
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