Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	F	Strong	Down	Down	Down	-4.78%
Apr 19	F	Strong	Down	Down	Down	-4.37%
Apr 18	F	Strong	Down	Down	Down	-3.95%
Apr 17	F	Strong	Down	Down	Down	-3.10%
Apr 16	F	Strong	Down	Down	Down	-3.10%
Apr 15	F	Strong	Down	Down	Down	-5.60%
Apr 12	F	Strong	Down	Down	Down	-6.81%
Apr 11	F	Strong	Down	Down	Down	-8.75%
Apr 10	F	Weak or Absent	Down	Down	Down	-7.98%
Apr 9	F	Weak or Absent	Down	Down	Flat	-10.61%