Trend Table for UGP - Ultrapar Participacoes S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	F	Strong	Down	Down	Down	-33.21%
May 17	D	Strong	Flat	Down	Down	-33.76%
May 16	D	Strong	Up	Down	Down	-34.57%
May 15	D	Strong	Up	Down	Down	-34.44%
May 14	F	Strong	Flat	Down	Down	-33.21%
May 13	F	Strong	Down	Down	Down	-32.22%
May 10	F	Strong	Down	Down	Down	-31.65%
May 9	D	Strong	Up	Down	Down	-33.90%
May 8	D	Strong	Up	Down	Up	-39.16%
May 7	D	Strong	Up	Down	Up	-39.04%