Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	B	Weak or Absent	Up	Up	Flat	-20.73%
Feb 22	B	Weak or Absent	Up	Up	Up	-22.13%
Feb 21	B	Weak or Absent	Up	Flat	Down	-19.33%
Feb 20	C	Weak or Absent	Up	Down	Down	-18.33%
Feb 16	C	Weak or Absent	Up	Down	Down	-17.36%
Feb 15	C	Weak or Absent	Up	Up	Flat	-20.17%
Feb 14	B	Weak or Absent	Up	Up	Up	-21.20%
Feb 13	A	Weak or Absent	Up	Up	Up	-20.51%
Feb 12	A	Weak or Absent	Up	Up	Up	-22.13%
Feb 9	A	Weak or Absent	Up	Up	Up	-21.50%