Trend Table for ABEV - Ambev S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 18	D	Strong	Down	Down	Down	-15.52%
Sep 15	D	Strong	Down	Down	Down	-15.52%
Sep 14	D	Strong	Down	Down	Down	-15.52%
Sep 13	D	Strong	Down	Down	Down	-15.83%
Sep 12	D	Strong	Down	Down	Down	-15.52%
Sep 11	D	Strong	Down	Down	Down	-17.04%
Sep 8	D	Strong	Down	Down	Down	-15.21%
Sep 7	D	Strong	Down	Down	Down	-15.83%
Sep 6	D	Strong	Down	Down	Down	-16.74%
Sep 5	D	Strong	Down	Down	Down	-17.04%