Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 11	C	Weak or Absent	Up	Up	Flat	-20.94%
Jan 10	B	Weak or Absent	Up	Up	Up	-22.06%
Jan 9	C	Weak or Absent	Up	Up	Down	-20.07%
Jan 8	C	Strong	Up	Up	Flat	-21.51%
Jan 5	C	Strong	Up	Up	Flat	-21.22%
Jan 4	C	Strong	Up	Up	Down	-20.65%
Jan 3	C	Strong	Up	Up	Down	-20.36%
Jan 2	C	Strong	Up	Up	Down	-20.65%
Dec 29	C	Strong	Up	Up	Flat	-21.79%
Dec 28	C	Strong	Up	Up	Up	-22.34%