Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	F	Weak or Absent	Down	Down	Down	-9.96%
Jun 3	F	Weak or Absent	Down	Down	Down	-12.09%
May 31	D	Weak or Absent	Down	Down	Down	-13.77%
May 30	D	Weak or Absent	Down	Down	Down	-14.20%
May 29	D	Weak or Absent	Down	Down	Down	-14.34%
May 28	D	Weak or Absent	Down	Flat	Down	-15.93%
May 24	D	Weak or Absent	Down	Up	Down	-17.53%
May 23	D	Weak or Absent	Down	Up	Down	-17.40%
May 22	D	Weak or Absent	Down	Up	Flat	-17.86%
May 21	D	Weak or Absent	Down	Up	Up	-19.33%