Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	A	Weak or Absent	Up	Up	Up	-2.48%
Sep 13	B	Weak or Absent	Up	Up	Up	-1.52%
Sep 12	B	Weak or Absent	Up	Up	Up	-0.48%
Sep 11	B	Weak or Absent	Up	Flat	Up	0.99%
Sep 8	C	Weak or Absent	Up	Down	Down	3.14%
Sep 7	B	Weak or Absent	Up	Down	Down	3.00%
Sep 6	B	Weak or Absent	Up	Down	Down	3.85%
Sep 5	B	Weak or Absent	Up	Down	Down	4.00%
Sep 1	C	Weak or Absent	Up	Down	Down	1.81%
Aug 31	C	Weak or Absent	Up	Down	Down	2.58%