Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	F	Weak or Absent	Down	Down	Down	-0.90%
Jun 3	F	Weak or Absent	Down	Down	Down	0.00%
May 31	F	Weak or Absent	Down	Down	Down	-1.35%
May 30	F	Weak or Absent	Down	Down	Down	-0.90%
May 29	F	Weak or Absent	Down	Down	Down	-0.45%
May 28	F	Weak or Absent	Down	Down	Down	-1.79%
May 24	F	Weak or Absent	Down	Down	Down	-4.37%
May 23	F	Weak or Absent	Down	Down	Down	-3.95%
May 22	F	Weak or Absent	Down	Down	Down	-4.78%
May 21	F	Weak or Absent	Down	Down	Down	-5.60%