Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 28	F	Weak or Absent	Down	Down	Flat	-2.34%
Mar 27	F	Weak or Absent	Down	Down	Flat	-2.18%
Mar 26	F	Weak or Absent	Down	Down	Down	-0.96%
Mar 25	F	Weak or Absent	Down	Down	Flat	-2.10%
Mar 22	F	Weak or Absent	Down	Down	Flat	-2.26%
Mar 21	F	Weak or Absent	Down	Down	Up	-3.84%
Mar 20	F	Weak or Absent	Down	Down	Up	-3.84%
Mar 19	F	Weak or Absent	Down	Down	Down	-2.50%
Mar 18	F	Weak or Absent	Down	Down	Down	-1.78%
Mar 15	F	Weak or Absent	Down	Down	Down	-0.46%