Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	C	Weak or Absent	Down	Up	Up	-8.05%
Apr 5	C	Weak or Absent	Down	Up	Up	-6.22%
Apr 4	C	Weak or Absent	Down	Up	Up	-7.25%
Apr 3	C	Weak or Absent	Down	Up	Up	-5.80%
Apr 2	C	Weak or Absent	Down	Up	Up	-4.73%
Apr 1	D	Weak or Absent	Down	Up	Up	-4.09%
Mar 28	D	Weak or Absent	Down	Up	Up	-4.52%
Mar 27	D	Weak or Absent	Down	Up	Up	-3.86%
Mar 26	F	Weak or Absent	Down	Flat	Down	-1.16%
Mar 25	D	Weak or Absent	Down	Flat	Flat	-1.85%