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Vale SA (VALE) Shares Cross Below 200 DMA

By Metals Channel Staff, Thursday, August 19, 2:52 PM ET
Play Video: Learn About The 200 DMA


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In trading on Thursday, shares of Vale SA (NYSE:VALE) crossed below their 200 day moving average of $18.65, changing hands as low as $18.05 per share. Vale SA shares are currently trading off about 6.5% on the day. The chart below shows the one year performance of VALE shares, versus its 200 day moving average:

Vale SA 200 Day Moving Average Chart

Looking at the chart above, VALE's low point in its 52 week range is $10.29 per share, with $23.175 as the 52 week high point — that compares with a last trade of $18.10.


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