Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 14	F	Weak or Absent	Down	Down	Down	-1.61%
Mar 13	F	Weak or Absent	Down	Down	Down	-2.97%
Mar 12	F	Weak or Absent	Down	Down	Down	-2.41%
Mar 11	F	Weak or Absent	Down	Down	Down	-2.96%
Mar 8	F	Weak or Absent	Down	Down	Down	-5.60%
Mar 7	D	Weak or Absent	Down	Down	Up	-7.70%
Mar 6	D	Weak or Absent	Down	Down	Flat	-7.57%
Mar 5	F	Weak or Absent	Down	Down	Down	-5.89%
Mar 4	D	Weak or Absent	Down	Down	Flat	-7.36%
Mar 1	D	Weak or Absent	Down	Down	Flat	-7.70%