Trend Table for GGB - Gerdau S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 7	B	Weak or Absent	Up	Up	Up	-18.30%
Jul 6	B	Weak or Absent	Up	Up	Down	-14.97%
Jul 5	B	Weak or Absent	Up	Up	Flat	-17.07%
Jul 3	B	Weak or Absent	Up	Up	Up	-18.15%
Jun 30	C	Weak or Absent	Up	Up	Down	-16.11%
Jun 29	C	Weak or Absent	Up	Up	Down	-15.95%
Jun 28	C	Weak or Absent	Up	Up	Down	-14.97%
Jun 27	C	Weak or Absent	Up	Up	Flat	-17.22%
Jun 26	A	Weak or Absent	Up	Up	Flat	-17.22%
Jun 23	B	Weak or Absent	Up	Up	Down	-16.27%