Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	C	Weak or Absent	Flat	Up	Up	-15.17%
Sep 25	D	Weak or Absent	Down	Up	Up	-10.30%
Sep 24	D	Weak or Absent	Down	Up	Up	-9.58%
Sep 23	D	Weak or Absent	Down	Flat	Flat	-3.75%
Sep 20	F	Weak or Absent	Down	Flat	Flat	-3.75%
Sep 19	D	Weak or Absent	Down	Up	Up	-6.97%
Sep 18	D	Weak or Absent	Down	Up	Up	-4.94%
Sep 17	D	Weak or Absent	Down	Up	Up	-5.39%
Sep 16	D	Weak or Absent	Down	Up	Up	-5.48%
Sep 13	D	Weak or Absent	Down	Flat	Up	-4.76%