Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	F	Weak or Absent	Down	Down	Up	34.91%
Jan 11	F	Weak or Absent	Down	Down	Flat	39.34%
Jan 10	D	Weak or Absent	Down	Down	Flat	37.75%
Jan 9	F	Weak or Absent	Down	Down	Down	38.97%
Jan 6	F	Weak or Absent	Down	Down	Flat	37.51%
Jan 5	F	Weak or Absent	Down	Down	Down	42.64%
Jan 4	F	Weak or Absent	Down	Down	Down	43.29%
Jan 3	F	Weak or Absent	Down	Down	Down	46.37%
Dec 30	D	Weak or Absent	Down	Down	Down	34.56%
Dec 29	D	Weak or Absent	Down	Down	Flat	33.64%