Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	C	Weak or Absent	Flat	Up	Up	-15.74%
Sep 12	C	Weak or Absent	Down	Up	Flat	-14.29%
Sep 11	C	Weak or Absent	Down	Up	Flat	-14.34%
Sep 10	C	Weak or Absent	Down	Up	Down	-13.71%
Sep 9	C	Weak or Absent	Down	Up	Flat	-14.24%
Sep 6	B	Weak or Absent	Flat	Up	Up	-15.49%
Sep 5	B	Weak or Absent	Up	Up	Up	-16.50%
Sep 4	C	Weak or Absent	Down	Up	Flat	-14.61%
Sep 3	C	Weak or Absent	Down	Up	Down	-13.33%
Aug 30	D	Weak or Absent	Down	Up	Down	-12.46%