Today’s Industrial Metals and Minerals Industry Technical Overview

LONDON, UK / ACCESSWIRE / May 27, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Vale, Teck Resources, Cliffs Natural Resources, and Rio Tinto.

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Mining provides the building blocks for our society. Metal and mineral products while always going through a cyclical demand and supply phase remain key components of our civilization. Equities in the Industrial Metals and Minerals industry thus remain attractive to a number of investors. Let us see how recent economic and geo-political factors are affecting some of the big names in the industry. Register today for the complimentary alerts on these stocks by clicking on the link below:

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ActiveWallSt.com offers a brief technical performance viewpoint on each of the companies mentioned above over the last few trading sessions.

Vale S.A. (NYSE: VALE)

Brazil headquartered Vale S.A. operates in three segments: Bulk Material segment, Base Metals segment, and Fertilizers segment. The Company also invests in energy generation and also manufactures steel. Vale’s stock finished Thursday’s session at $4.06, which was a slight correction of 0.25%. A total volume of 26.10 million shares was traded. The Company’s shares have advanced 49.82% in the previous three months and 23.40% on an YTD basis. The stock is trading 1.29% above its 200-day moving average. Additionally, shares of Vale have a Relative Strength Index (RSI) of 41.23. On May 09th, 2016, research firm Societe Generale downgraded the Company’s stock rating from ‘Buy’ to ‘Hold’.

Teck Resources Ltd (NYSE: TCK)

On Thursday, shares in Canada-based natural resources exploration and producer, Teck Resources Ltd, recorded a trading volume of 7.48 million shares. The stock ended the session 0.62% lower at $9.66. The Company’s shares have advanced 70.67% in the previous three months and 150.26% since the start of this year. The stock is trading 4.56% above its 50-day moving average and 55.52% above its 200-day moving average. Moreover, shares of Teck Resources have an RSI of 49.28. On May 19th, 2016, research firm Goldman initiated a ‘Buy’ rating, issuing a target price of $12 on the Company’s stock.

Cliffs Natural Resources Inc. (NYSE: CLF)

Shares in Ohio-based iron ore producer, Cliffs Natural Resources Inc., closed the day 0.61% higher at $3.32 and with a total volume of 9.35 million shares traded. The stock has gained 82.42% in the previous three months and 110.13% on an YTD basis. The Company’s shares are trading 21.22% above their 200-day moving average. Additionally, Cliffs Natural Resources’ stock has an RSI of 49.20. On May 04th, 2016, research firm FBR Capital reiterated its ‘Market Perform’ rating with an increase of the target price to $4 a share from $3 a share for the Company’s stock.

Rio Tinto PLC (NYSE: RIO)

At the close on Thursday, shares in London, U.K. headquartered mining and metals Company, Rio Tinto PLC, finished at $28.92, which was a correction of 1.97%. The stock recorded a trading volume of 3.90 million shares. The Company’s shares have advanced 13.32% in the previous three months and 3.27% since the start of this year. The stock is trading below its 50-day moving average by 3.47%. Furthermore, shares of Rio Tinto have an RSI of 45.78. On May 03rd, 2016, research firm Cowen reiterated its ‘Market Perform’ rating with an increase of the target price to $35 a share from $27 a share for the Company’s stock. Trade alert on RIO is available for free at:

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