Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 11	F	Weak or Absent	Down	Down	Flat	-14.90%
Mar 8	F	Weak or Absent	Down	Down	Flat	-15.23%
Mar 7	F	Weak or Absent	Down	Down	Flat	-14.90%
Mar 6	F	Weak or Absent	Down	Down	Down	-14.57%
Mar 5	F	Weak or Absent	Down	Down	Down	-14.90%
Mar 4	F	Weak or Absent	Down	Down	Down	-13.20%
Mar 1	F	Weak or Absent	Down	Down	Down	-12.50%
Feb 29	F	Weak or Absent	Down	Down	Down	-12.85%
Feb 28	D	Weak or Absent	Flat	Flat	Up	-19.33%
Feb 27	D	Weak or Absent	Down	Down	Up	-18.42%