Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	F	Strong	Down	Down	Down	0.92%
Nov 7	F	Strong	Down	Down	Flat	-1.79%
Nov 6	F	Strong	Down	Down	Down	-0.90%
Nov 5	F	Weak or Absent	Down	Down	Down	-1.35%
Nov 4	F	Weak or Absent	Down	Down	Down	-0.90%
Nov 1	F	Weak or Absent	Down	Down	Down	1.86%
Oct 31	F	Weak or Absent	Down	Down	Down	0.46%
Oct 30	F	Weak or Absent	Down	Down	Flat	-3.52%
Oct 29	D	Weak or Absent	Down	Down	Flat	-3.95%
Oct 28	D	Weak or Absent	Down	Down	Flat	-3.95%