Business · Markets · 1 hr ago
Vamos shares surge while Vale nears recent lows
Vamos shares surged while Vale shares fell in recent trading on Brazil’s stock market.
Vamos rose 112.38% in 2026, while Vale was down 3.31% over the same period.
The analysis uses the Relative Strength Index, or RSI, which measures price momentum; readings above 70 suggest overbought conditions, while readings below 30 suggest oversold conditions.
Vamos’s RSI reached 94.29, raising the risk of profit-taking or a short-term pullback, although the analysis found no clear reversal signals.
The next resistance levels for Vamos are R$6.97 and R$7.90, and moving above them could support further gains.
Vale’s RSI was 32.65 and its shares were near recent lows, but selling pressure remains dominant, with no clear sign of a reversal; an oversold reading could still allow a short-term bounce.
Vamos shares rose 5.54% in the latest session, closing at R$ 6.86, while Vale shares neared recent lows.
Vamos’s Relative Strength Index reached 94.29, a level the article describes as extreme overbought.
Vale’s Relative Strength Index fell to 32.65, near the article’s oversold reference of 30.
The technical analysis says Vamos has a strong upward trend but faces a risk of profit-taking or a correction.
Vale remains in a downward channel and below its 9-, 21- and 200-period moving averages, with no consistent signs of a reversal.
- Who
- Vamos (VAMO3) and Vale (VALE3).
- What
- Vamos shares are rallying, while Vale shares have fallen toward recent lows.
- When
- The article was published on October 13, 2026; it also refers to the latest trading session.
- Where
- On the Brazilian stock exchange.
- Why
- The article attributes the contrasting trends to technical trading conditions, including price movements relative to moving averages and Relative Strength Index readings.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Vamos latest-session gain
- 5.54%
- Vamos latest-session close
- R$ 6.86
- Vamos RSI
- 94.29
- Vale RSI
- 32.65
- Vamos 2026 performance
- Up 112.38%
- Vale 2026 performance
- Down 3.31%
Sources
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