Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 4	B	Weak or Absent	Up	Up	Down	-23.58%
Aug 3	B	Weak or Absent	Up	Up	Down	-23.71%
Aug 2	B	Weak or Absent	Up	Up	Flat	-26.16%
Aug 1	A	Weak or Absent	Up	Up	Up	-27.50%
Jul 31	A	Weak or Absent	Up	Up	Up	-28.80%
Jul 28	B	Weak or Absent	Up	Up	Up	-26.53%
Jul 27	A	Weak or Absent	Up	Up	Up	-26.65%
Jul 26	A	Weak or Absent	Up	Up	Up	-28.33%
Jul 25	A	Weak or Absent	Up	Up	Up	-27.86%
Jul 24	B	Weak or Absent	Up	Up	Up	-25.78%