Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	D	Weak or Absent	Down	Up	Up	0.00%
May 2	C	Weak or Absent	Down	Up	Up	0.72%
May 1	D	Weak or Absent	Down	Down	Flat	3.36%
Apr 30	D	Weak or Absent	Down	Down	Flat	3.62%
Apr 29	D	Weak or Absent	Down	Up	Up	0.96%
Apr 26	D	Weak or Absent	Down	Down	Up	2.69%
Apr 25	D	Weak or Absent	Down	Down	Flat	4.56%
Apr 24	D	Weak or Absent	Down	Flat	Up	1.94%
Apr 23	D	Weak or Absent	Down	Down	Up	3.28%
Apr 22	D	Weak or Absent	Down	Down	Up	3.36%