Trend Table for VIV - Telefonica Brasil, S.A. ADS

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Weak or Absent	Up	Flat	Up	-10.60%
May 3	C	Weak or Absent	Up	Flat	Up	-10.69%
May 2	C	Weak or Absent	Up	Down	Up	-7.81%
May 1	D	Weak or Absent	Down	Down	Flat	-4.55%
Apr 30	D	Weak or Absent	Down	Down	Down	-3.82%
Apr 29	D	Weak or Absent	Down	Down	Up	-5.32%
Apr 26	D	Weak or Absent	Down	Down	Up	-5.12%
Apr 25	D	Weak or Absent	Down	Down	Down	-4.00%
Apr 24	D	Weak or Absent	Down	Down	Flat	-5.22%
Apr 23	F	Weak or Absent	Down	Down	Down	-4.92%