Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	C	Weak or Absent	Up	Flat	Down	-20.12%
Mar 21	C	Weak or Absent	Up	Up	Down	-20.38%
Mar 20	C	Weak or Absent	Up	Up	Down	-20.34%
Mar 19	C	Weak or Absent	Up	Flat	Down	-19.90%
Mar 18	C	Weak or Absent	Up	Up	Flat	-21.03%
Mar 15	B	Weak or Absent	Up	Up	Flat	-21.33%
Mar 14	A	Weak or Absent	Up	Up	Up	-22.62%
Mar 13	B	Weak or Absent	Up	Up	Flat	-21.58%
Mar 12	C	Weak or Absent	Up	Up	Flat	-21.33%
Mar 11	C	Weak or Absent	Up	Up	Down	-20.82%