Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 24	A	Strong	Up	Up	Flat	14.07%
Apr 21	B	Strong	Up	Up	Flat	15.01%
Apr 20	A	Strong	Up	Up	Up	14.15%
Apr 19	A	Strong	Up	Up	Up	13.73%
Apr 18	A	Strong	Up	Up	Up	11.92%
Apr 17	A	Strong	Up	Up	Up	10.95%
Apr 14	A	Strong	Up	Up	Up	12.32%
Apr 13	B	Weak or Absent	Up	Up	Up	13.90%
Apr 12	A	Weak or Absent	Up	Up	Up	15.78%
Apr 11	B	Weak or Absent	Up	Up	Up	19.37%