Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	F	Strong	Down	Down	Down	-8.30%
Jun 3	F	Weak or Absent	Down	Down	Down	-7.40%
May 31	F	Weak or Absent	Down	Down	Down	-7.40%
May 30	F	Weak or Absent	Down	Down	Down	-10.96%
May 29	D	Weak or Absent	Down	Down	Down	-10.23%
May 28	F	Weak or Absent	Down	Down	Down	-11.85%
May 24	F	Weak or Absent	Down	Down	Down	-11.69%
May 23	F	Weak or Absent	Down	Down	Down	-11.74%
May 22	D	Weak or Absent	Flat	Down	Down	-13.95%
May 21	F	Weak or Absent	Flat	Down	Down	-13.16%