Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	A	Strong	Up	Up	Up	-18.55%
Dec 8	A	Strong	Up	Up	Up	-18.46%
Dec 7	A	Strong	Up	Up	Up	-17.65%
Dec 6	A	Strong	Up	Up	Up	-18.51%
Dec 5	A	Strong	Up	Up	Up	-17.05%
Dec 4	B	Strong	Up	Up	Up	-15.53%
Nov 30	A	Strong	Up	Up	Up	-16.01%
Nov 29	B	Strong	Up	Up	Up	-15.00%
Nov 28	A	Strong	Up	Up	Up	-15.63%
Nov 27	C	Strong	Up	Up	Down	-13.91%