Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 2	B	Weak or Absent	Up	Up	Up	-2.33%
Oct 1	C	Weak or Absent	Flat	Up	Up	-1.83%
Sep 30	D	Weak or Absent	Flat	Up	Up	-1.50%
Sep 27	C	Weak or Absent	Flat	Up	Up	-2.42%
Sep 26	C	Weak or Absent	Flat	Up	Up	-2.50%
Sep 25	D	Weak or Absent	Down	Up	Up	3.09%
Sep 24	D	Weak or Absent	Down	Up	Up	3.93%
Sep 23	D	Weak or Absent	Down	Flat	Flat	10.63%
Sep 20	F	Weak or Absent	Down	Flat	Flat	10.63%
Sep 19	D	Weak or Absent	Down	Up	Up	6.92%