Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	C	Strong	Up	Up	Down	-20.57%
Jan 2	B	Strong	Up	Up	Flat	-21.02%
Dec 29	C	Strong	Up	Up	Up	-21.77%
Dec 28	C	Strong	Up	Up	Up	-21.92%
Dec 27	C	Strong	Up	Up	Up	-22.50%
Dec 26	C	Strong	Up	Up	Up	-22.11%
Dec 22	C	Strong	Up	Up	Up	-21.17%
Dec 21	C	Weak or Absent	Up	Up	Up	-21.32%
Dec 20	C	Weak or Absent	Up	Up	Up	-18.27%
Dec 19	C	Weak or Absent	Up	Up	Up	-19.22%