Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	C	Weak or Absent	Down	Up	Up	-11.15%
Nov 6	D	Weak or Absent	Down	Flat	Flat	-7.78%
Nov 5	D	Weak or Absent	Down	Flat	Up	-7.86%
Nov 4	D	Weak or Absent	Down	Flat	Up	-7.61%
Nov 1	F	Weak or Absent	Down	Down	Down	-6.04%
Oct 31	F	Weak or Absent	Down	Down	Flat	-6.92%
Oct 30	D	Weak or Absent	Down	Flat	Up	-7.86%
Oct 29	D	Weak or Absent	Down	Up	Up	-8.54%
Oct 28	D	Weak or Absent	Down	Up	Up	-9.54%
Oct 25	D	Weak or Absent	Down	Up	Up	-8.46%