Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	D	Weak or Absent	Flat	Down	Down	3.40%
May 9	D	Weak or Absent	Up	Down	Down	2.39%
May 8	D	Weak or Absent	Up	Down	Down	-0.64%
May 7	D	Weak or Absent	Up	Down	Down	-2.09%
May 6	A	Weak or Absent	Up	Up	Up	-8.04%
May 3	A	Weak or Absent	Up	Up	Up	-7.79%
May 2	B	Weak or Absent	Up	Up	Up	-5.13%
May 1	C	Weak or Absent	Up	Down	Up	-1.97%
Apr 30	C	Weak or Absent	Up	Down	Up	-1.45%
Apr 29	C	Weak or Absent	Up	Down	Up	-2.49%