Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 30	A	Weak or Absent	Up	Up	Up	-0.67%
Aug 29	A	Weak or Absent	Up	Up	Up	-2.34%
Aug 28	A	Weak or Absent	Up	Flat	Flat	0.92%
Aug 25	A	Weak or Absent	Up	Up	Up	-0.28%
Aug 24	A	Weak or Absent	Up	Up	Up	0.32%
Aug 23	A	Weak or Absent	Up	Up	Up	0.05%
Aug 22	B	Weak or Absent	Up	Flat	Flat	1.33%
Aug 21	B	Weak or Absent	Up	Down	Down	3.34%
Aug 18	A	Weak or Absent	Up	Up	Up	0.45%
Aug 17	B	Weak or Absent	Up	Down	Down	2.01%