Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	F	Strong	Down	Down	Down	-0.85%
Jul 31	F	Strong	Down	Down	Flat	-4.23%
Jul 30	F	Strong	Down	Down	Down	-2.80%
Jul 29	F	Strong	Down	Down	Down	-4.50%
Jul 26	F	Strong	Down	Down	Down	-4.32%
Jul 25	F	Strong	Down	Down	Down	-2.89%
Jul 24	F	Strong	Down	Down	Down	-2.62%
Jul 23	F	Weak or Absent	Down	Down	Down	-3.52%
Jul 22	F	Weak or Absent	Down	Down	Down	-4.85%
Jul 19	F	Weak or Absent	Down	Down	Down	-4.94%