Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	D	Weak or Absent	Down	Up	Up	-8.55%
Jul 31	D	Weak or Absent	Down	Up	Up	-8.91%
Jul 30	F	Weak or Absent	Down	Down	Down	-3.57%
Jul 29	F	Weak or Absent	Down	Down	Down	-2.36%
Jul 26	F	Weak or Absent	Down	Down	Down	-2.50%
Jul 25	F	Weak or Absent	Down	Down	Down	-3.77%
Jul 24	D	Weak or Absent	Down	Down	Down	-5.08%
Jul 23	D	Weak or Absent	Down	Down	Down	-5.97%
Jul 22	D	Weak or Absent	Down	Flat	Flat	-8.07%
Jul 19	F	Weak or Absent	Down	Down	Down	-6.29%