Trend Table for VALE - VALE S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 10	F	Weak or Absent	Down	Down	Up	3.79%
Jul 9	D	Strong	Down	Down	Up	2.98%
Jul 8	F	Strong	Down	Down	Up	3.70%
Jul 5	D	Strong	Down	Down	Up	2.10%
Jul 3	D	Strong	Down	Down	Up	2.54%
Jul 2	F	Strong	Down	Down	Flat	6.86%
Jul 1	F	Strong	Down	Down	Flat	6.29%
Jun 28	F	Strong	Down	Down	Flat	6.58%
Jun 27	F	Strong	Down	Down	Flat	6.67%
Jun 26	F	Strong	Down	Down	Down	6.86%