Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	D	Weak or Absent	Up	Down	Down	-2.89%
Jan 30	D	Weak or Absent	Up	Down	Down	-2.22%
Jan 29	C	Weak or Absent	Up	Flat	Flat	-3.98%
Jan 26	C	Weak or Absent	Up	Up	Up	-4.30%
Jan 25	C	Weak or Absent	Up	Flat	Flat	-3.76%
Jan 24	D	Weak or Absent	Up	Flat	Flat	-3.44%
Jan 23	C	Weak or Absent	Up	Flat	Flat	-3.60%
Jan 22	D	Weak or Absent	Up	Flat	Flat	-3.11%
Jan 19	B	Weak or Absent	Up	Up	Up	-4.62%
Jan 18	B	Weak or Absent	Up	Flat	Flat	-3.60%