Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 27	D	Strong	Down	Down	Flat	-1.59%
Oct 26	D	Strong	Down	Down	Up	-2.04%
Oct 25	F	Strong	Down	Down	Down	0.02%
Oct 24	F	Strong	Down	Down	Down	-0.45%
Oct 23	F	Strong	Down	Down	Down	-1.14%
Oct 20	F	Strong	Down	Down	Down	0.72%
Oct 19	F	Strong	Down	Down	Down	0.02%
Oct 18	F	Strong	Down	Down	Down	0.25%
Oct 17	C	Strong	Down	Down	Up	-3.36%
Oct 16	C	Strong	Down	Down	Up	-4.44%