Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 26	D	Weak or Absent	Down	Down	Up	-16.22%
Feb 23	F	Weak or Absent	Down	Down	Flat	-15.23%
Feb 22	D	Weak or Absent	Down	Down	Up	-16.22%
Feb 21	D	Weak or Absent	Down	Down	Up	-16.54%
Feb 20	F	Weak or Absent	Down	Down	Down	-15.23%
Feb 16	F	Weak or Absent	Down	Down	Down	-14.90%
Feb 15	F	Weak or Absent	Down	Down	Down	-15.23%
Feb 14	F	Weak or Absent	Down	Down	Down	-15.23%
Feb 13	D	Weak or Absent	Down	Down	Down	-14.57%
Feb 12	F	Weak or Absent	Down	Down	Flat	-16.54%