Trend Table for TIMB - TIM S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	A	Weak or Absent	Up	Up	Up	-5.26%
May 3	A	Weak or Absent	Up	Up	Up	-5.00%
May 2	B	Weak or Absent	Up	Up	Up	-2.26%
May 1	C	Weak or Absent	Up	Down	Up	0.99%
Apr 30	C	Weak or Absent	Up	Down	Up	1.53%
Apr 29	C	Weak or Absent	Up	Down	Up	0.46%
Apr 26	C	Weak or Absent	Up	Down	Up	1.17%
Apr 25	C	Weak or Absent	Up	Down	Up	2.55%
Apr 24	C	Weak or Absent	Up	Down	Up	2.55%
Apr 23	C	Weak or Absent	Up	Down	Flat	2.67%