Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	D	Weak or Absent	Down	Down	Up	1.88%
Jul 2	D	Weak or Absent	Down	Down	Up	4.69%
Jul 1	D	Weak or Absent	Down	Down	Flat	5.66%
Jun 28	D	Weak or Absent	Down	Down	Up	3.42%
Jun 27	D	Weak or Absent	Down	Down	Up	3.42%
Jun 26	D	Weak or Absent	Down	Down	Up	3.42%
Jun 25	D	Weak or Absent	Down	Down	Up	4.69%
Jun 24	D	Weak or Absent	Down	Down	Up	3.73%
Jun 21	D	Weak or Absent	Down	Down	Up	5.33%
Jun 20	F	Weak or Absent	Down	Down	Flat	8.00%