Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	C	Weak or Absent	Up	Down	Down	-16.00%
Apr 19	C	Weak or Absent	Up	Down	Down	-15.40%
Apr 18	C	Weak or Absent	Up	Down	Down	-13.85%
Apr 17	C	Weak or Absent	Up	Down	Down	-14.26%
Apr 16	C	Weak or Absent	Up	Down	Down	-14.00%
Apr 15	D	Weak or Absent	Up	Down	Down	-15.45%
Apr 12	D	Weak or Absent	Up	Down	Down	-16.40%
Apr 11	D	Weak or Absent	Up	Down	Down	-17.81%
Apr 10	D	Weak or Absent	Up	Down	Flat	-19.64%
Apr 9	B	Weak or Absent	Up	Up	Up	-22.36%