Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	D	Weak or Absent	Down	Up	Up	-7.20%
Sep 25	D	Weak or Absent	Down	Up	Flat	-6.01%
Sep 24	D	Weak or Absent	Down	Up	Flat	-6.01%
Sep 23	D	Weak or Absent	Down	Up	Down	-5.19%
Sep 20	D	Weak or Absent	Down	Up	Down	-4.78%
Sep 19	D	Weak or Absent	Down	Up	Up	-8.37%
Sep 18	C	Weak or Absent	Down	Up	Up	-8.37%
Sep 17	D	Weak or Absent	Down	Up	Up	-7.59%
Sep 16	C	Weak or Absent	Down	Up	Flat	-6.01%
Sep 13	D	Weak or Absent	Down	Up	Flat	-5.19%