Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 4	F	Weak or Absent	Down	Down	Down	13.35%
Sep 3	F	Weak or Absent	Down	Down	Down	14.20%
Aug 30	F	Weak or Absent	Down	Down	Flat	8.94%
Aug 29	D	Weak or Absent	Down	Flat	Flat	8.63%
Aug 28	D	Weak or Absent	Down	Up	Up	7.20%
Aug 27	D	Weak or Absent	Down	Up	Up	5.23%
Aug 26	D	Weak or Absent	Down	Flat	Up	8.01%
Aug 23	F	Weak or Absent	Down	Down	Up	9.77%
Aug 22	D	Weak or Absent	Down	Down	Up	9.88%
Aug 21	D	Weak or Absent	Down	Flat	Up	7.71%