Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 24	D	Weak or Absent	Down	Flat	Up	-2.59%
Apr 23	D	Weak or Absent	Down	Down	Up	-1.31%
Apr 22	D	Weak or Absent	Down	Down	Up	-1.23%
Apr 19	D	Weak or Absent	Down	Down	Up	-1.07%
Apr 18	F	Weak or Absent	Down	Down	Down	1.77%
Apr 17	F	Weak or Absent	Down	Down	Down	1.69%
Apr 16	F	Weak or Absent	Down	Down	Down	3.26%
Apr 15	D	Weak or Absent	Down	Down	Down	0.42%
Apr 12	F	Weak or Absent	Down	Down	Down	0.25%
Apr 11	D	Weak or Absent	Down	Down	Flat	-0.99%