Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	F	Weak or Absent	Down	Down	Down	-1.00%
Nov 19	F	Weak or Absent	Down	Down	Down	-0.90%
Nov 18	F	Weak or Absent	Down	Down	Down	-1.00%
Nov 15	F	Weak or Absent	Down	Down	Down	1.22%
Nov 14	F	Weak or Absent	Down	Down	Down	1.01%
Nov 13	F	Weak or Absent	Down	Down	Down	0.40%
Nov 12	F	Weak or Absent	Down	Down	Down	-0.41%
Nov 11	F	Weak or Absent	Down	Down	Down	-2.84%
Nov 8	D	Weak or Absent	Down	Down	Down	-6.24%
Nov 7	C	Weak or Absent	Down	Up	Up	-11.42%