Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 12	B	Strong	Up	Up	Up	-18.89%
Dec 11	B	Strong	Up	Up	Up	-20.02%
Dec 8	B	Strong	Up	Up	Up	-20.02%
Dec 7	B	Strong	Up	Up	Up	-18.61%
Dec 6	B	Strong	Up	Up	Up	-18.32%
Dec 5	B	Strong	Up	Up	Up	-19.46%
Dec 4	C	Strong	Flat	Up	Up	-18.03%
Nov 30	D	Strong	Down	Up	Down	-15.64%
Nov 29	D	Strong	Down	Up	Down	-15.01%
Nov 28	C	Strong	Flat	Up	Up	-17.15%