VALE stock opened higher on Tuesday than Monday but saw lower highs and lower lows throughout the day, closing higher but within a narrower range. Most technical indicators analyzed, such as the moving averages, RSI, MACD, and Bollinger Bands, are pointing lower or in negative territory, suggesting the potential for further price decreases. The parabolic SAR indicator has been in sell mode for 15 days.

1. January 27, 2016
VALE: VALE technical analysis charts
On Tuesday, compared to Monday, price action opened higher (2.19, vs Monday's
close of 2.15), saw a lower high (2.24, vs Monday's high of 2.25) and lower low
(2.13, vs Monday's low of 2.14); and closed higher (2.22, vs Monday's close of
2.15). The day's range was 11 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose
towards the bottom of the 20 day moving average envelope (2.66). The
parameters of the envelope (2.58-2.74) are pointing lower.
The RSI (31.38) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.

2. January 27, 2016
The MACD 12 day moving average is above the MACD 26 day moving average;
both are above zero and falling.
The Slow Stochastics, below, are in negative mode, with the K line below the D
line.
The Commodity Channel Index (-83.25), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 8th
consecutive close below the middle of the Bollinger Band envelope (2.66). The
Bollinger Bands (1.81-3.50) are pointing lower; and narrowed from a width of 172
ticks on Monday to a width of 169 ticks on Tuesday.

3. January 27, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (2.23, moving down) is below the 20 day moving average (2.66, moving
down); in negative mode. The 3-50 day strip of moving averages ranges from the
3 day moving average (2.21) at the bottom of the range to the 50 day moving
average (3.15) at the top of the range.

4. January 27, 2016
The Parabolic Stop and Reverse (2.32) below is in the 15th day of sell mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 7th
consecutive close below the middle of the Bollinger Bands envelope (3.73). The
Bollinger Bands (1.86-5.59) are pointing lower; expanding from a width of 361
ticks on Monday to a width of 373 ticks on Tuesday.