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Trade-Ideas: Vale (VALE) Is Today's Strong On High Relative Volume Stock

Trade-Ideas LLC identified Vale ( VALE) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Vale as such a stock due to the following factors:

  • VALE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $126.4 million.
  • VALE has traded 4.2 million shares today.
  • VALE is trading at 2.82 times the normal volume for the stock at this time of day.
  • VALE is trading at a new high 3.09% above yesterday's close.

'Strong on...