Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	F	Strong	Down	Down	Flat	-3.36%
Nov 6	F	Strong	Down	Down	Down	-2.49%
Nov 5	F	Weak or Absent	Down	Down	Down	-2.93%
Nov 4	F	Weak or Absent	Down	Down	Down	-2.49%
Nov 1	F	Weak or Absent	Down	Down	Down	0.23%
Oct 31	F	Weak or Absent	Down	Down	Down	-1.15%
Oct 30	F	Weak or Absent	Down	Down	Flat	-5.07%
Oct 29	D	Weak or Absent	Down	Down	Flat	-5.48%
Oct 28	D	Weak or Absent	Down	Down	Flat	-5.48%
Oct 25	F	Weak or Absent	Down	Down	Down	-4.22%