Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	F	Strong	Down	Down	Down	-1.92%
Nov 19	F	Strong	Down	Down	Flat	-2.54%
Nov 18	F	Strong	Down	Down	Up	-3.09%
Nov 15	F	Strong	Down	Down	Flat	-2.47%
Nov 14	F	Strong	Down	Down	Flat	-2.95%
Nov 13	F	Strong	Down	Down	Down	-2.12%
Nov 12	F	Strong	Down	Down	Up	-3.36%
Nov 11	F	Strong	Down	Down	Up	-3.69%
Nov 8	F	Strong	Down	Down	Down	-0.65%
Nov 7	F	Strong	Down	Down	Down	-2.06%