In trading on Wednesday, shares of Vale SA (Symbol: VALE) crossed above their 200 day moving average of $13.39, changing hands as high as $13.44 per share. Vale SA shares are currently trading up about 1% 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 $10.89 per share, with $16.13 as the 52 week high point — that compares with a last trade of $13.38.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.