Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	D	Weak or Absent	Down	Down	Down	-5.05%
Oct 23	D	Weak or Absent	Down	Down	Down	-4.32%
Oct 22	D	Weak or Absent	Down	Down	Down	-6.21%
Oct 21	D	Weak or Absent	Down	Down	Down	-5.77%
Oct 18	F	Weak or Absent	Down	Down	Down	-6.30%
Oct 17	D	Weak or Absent	Down	Flat	Down	-7.26%
Oct 16	D	Weak or Absent	Down	Up	Down	-9.29%
Oct 15	D	Weak or Absent	Down	Up	Down	-7.69%
Oct 14	D	Weak or Absent	Down	Up	Down	-10.27%
Oct 11	D	Weak or Absent	Down	Up	Down	-10.11%