Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	A	Weak or Absent	Up	Up	Up	-22.47%
May 3	A	Weak or Absent	Up	Up	Up	-22.26%
May 2	B	Weak or Absent	Up	Up	Up	-20.02%
May 1	C	Weak or Absent	Up	Down	Up	-17.35%
Apr 30	C	Weak or Absent	Up	Down	Up	-16.92%
Apr 29	C	Weak or Absent	Up	Down	Up	-17.78%
Apr 26	C	Weak or Absent	Up	Down	Up	-17.21%
Apr 25	C	Weak or Absent	Up	Down	Up	-16.08%
Apr 24	C	Weak or Absent	Up	Down	Up	-16.08%
Apr 23	C	Weak or Absent	Up	Down	Flat	-15.98%