Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	F	Weak or Absent	Down	Down	Down	0.65%
Nov 20	F	Weak or Absent	Down	Down	Down	-0.05%
Nov 19	F	Weak or Absent	Down	Down	Down	0.05%
Nov 18	F	Weak or Absent	Down	Down	Down	-0.05%
Nov 15	F	Weak or Absent	Down	Down	Down	2.19%
Nov 14	F	Weak or Absent	Down	Down	Down	1.98%
Nov 13	F	Weak or Absent	Down	Down	Down	1.37%
Nov 12	F	Weak or Absent	Down	Down	Down	0.55%
Nov 11	F	Weak or Absent	Down	Down	Down	-1.91%
Nov 8	D	Weak or Absent	Down	Down	Down	-5.34%