Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 24	A	Weak or Absent	Up	Up	Flat	30.35%
Mar 23	A	Weak or Absent	Flat	Up	Down	32.22%
Mar 22	A	Weak or Absent	Up	Up	Flat	31.11%
Mar 21	B	Weak or Absent	Flat	Up	Down	32.33%
Mar 20	A	Weak or Absent	Up	Up	Up	29.92%
Mar 17	A	Weak or Absent	Up	Up	Up	29.71%
Mar 16	A	Weak or Absent	Up	Up	Up	29.17%
Mar 15	A	Weak or Absent	Up	Up	Up	28.96%
Mar 14	A	Weak or Absent	Up	Up	Up	29.17%
Mar 13	A	Weak or Absent	Down	Up	Flat	33.23%