Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	D	Weak or Absent	Down	Down	Up	-3.06%
Apr 25	D	Weak or Absent	Down	Down	Flat	-1.29%
Apr 24	D	Weak or Absent	Down	Flat	Up	-3.76%
Apr 23	D	Weak or Absent	Down	Down	Up	-2.50%
Apr 22	D	Weak or Absent	Down	Down	Up	-2.42%
Apr 19	D	Weak or Absent	Down	Down	Up	-2.26%
Apr 18	F	Weak or Absent	Down	Down	Down	0.55%
Apr 17	F	Weak or Absent	Down	Down	Down	0.46%
Apr 16	F	Weak or Absent	Down	Down	Down	2.01%
Apr 15	D	Weak or Absent	Down	Down	Down	-0.80%