Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	F	Weak or Absent	Down	Down	Flat	2.18%
Jul 17	D	Weak or Absent	Down	Up	Up	-1.36%
Jul 16	D	Weak or Absent	Down	Up	Up	-1.93%
Jul 15	F	Weak or Absent	Down	Down	Up	0.67%
Jul 12	F	Weak or Absent	Down	Down	Up	1.88%
Jul 11	F	Weak or Absent	Down	Down	Up	3.11%
Jul 10	D	Weak or Absent	Down	Down	Up	2.49%
Jul 9	D	Weak or Absent	Down	Down	Up	3.42%
Jul 8	F	Weak or Absent	Down	Down	Down	5.33%
Jul 5	F	Weak or Absent	Down	Down	Flat	4.05%