Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	A	Strong	Up	Up	Up	7.48%
May 19	A	Strong	Up	Up	Flat	9.02%
May 18	B	Strong	Up	Up	Flat	9.64%
May 17	B	Strong	Up	Up	Down	9.80%
May 16	A	Strong	Up	Up	Flat	8.63%
May 15	A	Strong	Up	Up	Up	7.71%
May 12	A	Strong	Up	Up	Up	7.56%
May 11	A	Strong	Up	Up	Up	7.18%
May 10	A	Strong	Up	Up	Flat	9.80%
May 9	B	Strong	Up	Up	Down	12.72%