Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	F	Weak or Absent	Down	Down	Down	-1.13%
Jun 3	F	Weak or Absent	Down	Down	Down	-0.23%
May 31	F	Weak or Absent	Down	Down	Down	-1.58%
May 30	F	Weak or Absent	Down	Down	Down	-1.13%
May 29	F	Weak or Absent	Down	Down	Down	-0.68%
May 28	F	Weak or Absent	Down	Down	Down	-2.02%
May 24	F	Weak or Absent	Down	Down	Down	-4.59%
May 23	F	Weak or Absent	Down	Down	Down	-4.17%
May 22	F	Weak or Absent	Down	Down	Down	-5.00%
May 21	F	Weak or Absent	Down	Down	Down	-5.82%