Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 8	A	Weak or Absent	Up	Up	Up	-20.77%
Feb 7	A	Weak or Absent	Up	Up	Up	-20.60%
Feb 6	B	Weak or Absent	Up	Up	Up	-20.43%
Feb 5	C	Weak or Absent	Up	Up	Up	-18.97%
Feb 2	C	Weak or Absent	Up	Flat	Up	-18.20%
Feb 1	C	Weak or Absent	Up	Up	Up	-19.15%
Jan 31	D	Weak or Absent	Up	Down	Down	-17.03%
Jan 30	D	Weak or Absent	Up	Down	Down	-16.46%
Jan 29	C	Weak or Absent	Up	Flat	Flat	-17.97%
Jan 26	C	Weak or Absent	Up	Up	Up	-18.24%