Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	C	Weak or Absent	Down	Up	Flat	-4.30%
May 9	C	Weak or Absent	Down	Up	Up	-5.37%
May 8	C	Weak or Absent	Down	Up	Up	-5.14%
May 7	C	Weak or Absent	Down	Up	Up	-6.19%
May 6	C	Weak or Absent	Down	Up	Up	-5.44%
May 3	D	Weak or Absent	Down	Up	Up	-5.59%
May 2	C	Weak or Absent	Down	Up	Up	-4.92%
May 1	D	Weak or Absent	Down	Down	Flat	-2.42%
Apr 30	D	Weak or Absent	Down	Down	Flat	-2.18%
Apr 29	D	Weak or Absent	Down	Up	Up	-4.69%