Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	F	Strong	Down	Down	Flat	-10.05%
Oct 23	F	Strong	Down	Down	Down	-9.46%
Oct 22	F	Weak or Absent	Down	Down	Down	-9.16%
Oct 21	F	Weak or Absent	Down	Down	Down	-10.46%
Oct 18	F	Strong	Down	Down	Down	-11.22%
Oct 17	F	Strong	Down	Down	Flat	-11.90%
Oct 16	F	Strong	Down	Down	Down	-12.02%
Oct 15	F	Strong	Down	Down	Down	-10.29%
Oct 14	F	Strong	Down	Down	Down	-9.99%
Oct 11	F	Strong	Down	Down	Down	-9.93%