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
Aug 1	C	Weak or Absent	Down	Up	Up	-0.33%
Jul 31	D	Weak or Absent	Down	Up	Flat	2.34%
Jul 30	D	Weak or Absent	Down	Down	Down	5.28%
Jul 29	D	Weak or Absent	Down	Up	Down	2.46%
Jul 26	D	Weak or Absent	Down	Up	Down	2.85%
Jul 25	D	Weak or Absent	Down	Up	Down	2.50%
Jul 24	D	Weak or Absent	Down	Up	Down	2.26%
Jul 23	D	Weak or Absent	Down	Up	Down	2.14%
Jul 22	D	Weak or Absent	Down	Up	Flat	-0.16%
Jul 19	D	Weak or Absent	Down	Up	Down	1.79%