Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	B	Strong	Up	Up	Flat	10.20%
May 5	A	Strong	Up	Up	Up	9.33%
May 4	A	Strong	Up	Up	Up	9.09%
May 3	A	Strong	Up	Up	Up	8.71%
May 2	A	Strong	Up	Up	Up	9.96%
May 1	A	Strong	Up	Up	Up	10.04%
Apr 28	A	Strong	Up	Up	Up	9.72%
Apr 27	A	Strong	Up	Up	Up	9.37%
Apr 26	A	Strong	Up	Up	Up	12.08%
Apr 25	B	Strong	Up	Up	Flat	13.32%