Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	C	Weak or Absent	Up	Up	Up	-21.13%
Apr 5	C	Weak or Absent	Up	Up	Up	-20.83%
Apr 4	C	Weak or Absent	Up	Up	Up	-21.35%
Apr 3	D	Weak or Absent	Up	Down	Flat	-18.89%
Apr 2	D	Weak or Absent	Up	Down	Down	-17.55%
Apr 1	D	Weak or Absent	Up	Down	Down	-17.46%
Mar 28	D	Weak or Absent	Up	Down	Down	-18.20%
Mar 27	D	Weak or Absent	Up	Down	Down	-19.10%
Mar 26	D	Weak or Absent	Up	Flat	Down	-19.68%
Mar 25	D	Weak or Absent	Up	Down	Down	-19.37%