Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	F	Strong	Down	Down	Down	4.29%
Jul 17	F	Strong	Down	Down	Up	0.46%
Jul 16	F	Strong	Down	Down	Up	0.46%
Jul 15	F	Strong	Down	Down	Up	2.34%
Jul 12	F	Strong	Down	Down	Up	1.86%
Jul 11	F	Strong	Down	Down	Up	2.34%
Jul 10	D	Strong	Down	Down	Up	3.30%
Jul 9	F	Strong	Down	Down	Flat	5.29%
Jul 8	F	Strong	Down	Down	Down	6.31%
Jul 5	F	Strong	Down	Down	Flat	5.80%