Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	D	Weak or Absent	Down	Up	Down	-12.50%
Aug 28	D	Weak or Absent	Down	Up	Down	-14.06%
Aug 27	D	Weak or Absent	Down	Up	Down	-14.22%
Aug 26	D	Weak or Absent	Down	Up	Down	-14.69%
Aug 23	C	Weak or Absent	Flat	Up	Flat	-15.66%
Aug 22	D	Weak or Absent	Down	Up	Down	-13.37%
Aug 21	C	Weak or Absent	Up	Up	Up	-16.27%
Aug 20	B	Weak or Absent	Up	Up	Up	-16.32%
Aug 19	B	Weak or Absent	Up	Up	Up	-17.26%
Aug 16	B	Weak or Absent	Up	Up	Up	-16.37%