Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 27	C	Weak or Absent	Flat	Up	Up	-15.01%
Sep 26	C	Weak or Absent	Flat	Up	Up	-15.08%
Sep 25	D	Weak or Absent	Down	Up	Up	-10.22%
Sep 24	D	Weak or Absent	Down	Up	Up	-9.49%
Sep 23	D	Weak or Absent	Down	Flat	Flat	-3.65%
Sep 20	F	Weak or Absent	Down	Flat	Flat	-3.65%
Sep 19	D	Weak or Absent	Down	Up	Up	-6.88%
Sep 18	D	Weak or Absent	Down	Up	Up	-4.84%
Sep 17	D	Weak or Absent	Down	Up	Up	-5.29%
Sep 16	D	Weak or Absent	Down	Up	Up	-5.38%