Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	F	Weak or Absent	Down	Down	Down	4.69%
Jun 3	F	Weak or Absent	Down	Down	Down	2.18%
May 31	F	Weak or Absent	Down	Down	Down	-1.36%
May 30	F	Weak or Absent	Down	Down	Down	-2.21%
May 29	F	Weak or Absent	Down	Down	Down	-1.93%
May 28	D	Weak or Absent	Down	Down	Down	-3.59%
May 24	D	Weak or Absent	Down	Down	Down	-5.20%
May 23	F	Weak or Absent	Down	Down	Down	-3.32%
May 22	D	Weak or Absent	Down	Down	Down	-3.87%
May 21	D	Weak or Absent	Down	Flat	Down	-5.98%