Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	F	Weak or Absent	Down	Down	Flat	-6.79%
Jul 17	D	Strong	Down	Up	Up	-9.91%
Jul 16	F	Strong	Down	Flat	Up	-9.09%
Jul 15	F	Strong	Down	Down	Up	-8.43%
Jul 12	D	Strong	Down	Up	Up	-10.20%
Jul 11	D	Strong	Down	Flat	Up	-9.38%
Jul 10	D	Strong	Down	Down	Up	-6.10%
Jul 9	D	Strong	Down	Down	Up	-4.43%
Jul 8	D	Strong	Down	Down	Up	-3.71%
Jul 5	D	Strong	Down	Down	Up	-3.64%