Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	F	Weak or Absent	Down	Down	Down	-5.07%
Oct 23	F	Weak or Absent	Down	Down	Down	-4.22%
Oct 22	F	Weak or Absent	Down	Down	Down	-5.07%
Oct 21	F	Weak or Absent	Down	Down	Down	-5.90%
Oct 18	F	Weak or Absent	Down	Down	Down	-5.48%
Oct 17	F	Weak or Absent	Down	Down	Down	-6.30%
Oct 16	D	Weak or Absent	Down	Down	Down	-6.30%
Oct 15	D	Weak or Absent	Down	Down	Down	-5.48%
Oct 14	D	Weak or Absent	Down	Flat	Down	-7.91%
Oct 11	D	Weak or Absent	Down	Down	Down	-6.71%