Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	C	Weak or Absent	Up	Down	Down	-15.34%
Apr 19	C	Weak or Absent	Up	Down	Down	-14.73%
Apr 18	C	Weak or Absent	Up	Down	Down	-13.16%
Apr 17	C	Weak or Absent	Up	Down	Down	-13.59%
Apr 16	C	Weak or Absent	Up	Down	Down	-13.32%
Apr 15	D	Weak or Absent	Up	Down	Down	-14.78%
Apr 12	D	Weak or Absent	Up	Down	Down	-15.74%
Apr 11	D	Weak or Absent	Up	Down	Down	-17.16%
Apr 10	D	Weak or Absent	Up	Down	Flat	-19.00%
Apr 9	B	Weak or Absent	Up	Up	Up	-21.74%