Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 26	A	Weak or Absent	Up	Up	Up	-4.04%
Oct 25	A	Weak or Absent	Up	Up	Down	-2.07%
Oct 24	A	Weak or Absent	Up	Up	Up	-3.35%
Oct 23	A	Weak or Absent	Up	Up	Down	-1.94%
Oct 20	A	Weak or Absent	Up	Up	Flat	-2.26%
Oct 19	A	Weak or Absent	Up	Up	Up	-3.16%
Oct 18	A	Weak or Absent	Up	Up	Up	-2.84%
Oct 17	A	Weak or Absent	Up	Up	Up	-3.66%
Oct 16	A	Weak or Absent	Up	Up	Up	-4.22%
Oct 13	A	Weak or Absent	Up	Up	Up	-1.29%