Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	A	Weak or Absent	Up	Flat	Down	-0.22%
Sep 27	A	Weak or Absent	Up	Down	Down	0.74%
Sep 26	A	Weak or Absent	Up	Up	Down	-1.71%
Sep 25	A	Weak or Absent	Up	Up	Flat	-3.11%
Sep 22	A	Weak or Absent	Up	Up	Flat	-2.73%
Sep 21	A	Weak or Absent	Up	Up	Flat	-2.54%
Sep 20	A	Weak or Absent	Up	Up	Up	-5.01%
Sep 19	A	Weak or Absent	Up	Up	Up	-5.01%
Sep 18	A	Weak or Absent	Up	Up	Up	-4.40%
Sep 15	A	Weak or Absent	Up	Up	Up	-2.03%