Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 27	B	Weak or Absent	Down	Up	Up	32.85%
Feb 24	B	Weak or Absent	Down	Up	Up	31.40%
Feb 23	A	Weak or Absent	Flat	Up	Up	29.88%
Feb 22	C	Weak or Absent	Down	Up	Up	31.62%
Feb 21	C	Weak or Absent	Down	Up	Up	34.91%
Feb 17	D	Weak or Absent	Down	Up	Up	32.85%
Feb 16	D	Weak or Absent	Down	Up	Up	35.49%
Feb 15	D	Weak or Absent	Down	Up	Up	35.37%
Feb 14	F	Weak or Absent	Down	Down	Up	39.34%
Feb 13	F	Weak or Absent	Down	Down	Up	40.59%