Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 9	F	Weak or Absent	Down	Down	Down	-15.89%
Feb 8	D	Weak or Absent	Down	Down	Down	-15.23%
Feb 7	D	Weak or Absent	Down	Down	Down	-16.22%
Feb 6	D	Weak or Absent	Down	Down	Flat	-18.11%
Feb 5	D	Weak or Absent	Down	Down	Down	-16.54%
Feb 2	D	Weak or Absent	Down	Down	Down	-17.49%
Feb 1	F	Weak or Absent	Down	Down	Down	-17.80%
Jan 31	D	Weak or Absent	Down	Down	Down	-17.18%
Jan 30	F	Weak or Absent	Down	Down	Down	-17.49%
Jan 29	F	Weak or Absent	Down	Down	Flat	-18.73%