Trend Table for TIMB - TIM S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	B	Strong	Up	Up	Down	-4.66%
Jan 2	C	Strong	Up	Up	Down	-4.93%
Dec 29	A	Strong	Up	Up	Up	-6.88%
Dec 28	B	Strong	Up	Up	Up	-6.93%
Dec 27	B	Strong	Up	Up	Up	-7.49%
Dec 26	B	Strong	Up	Up	Up	-7.24%
Dec 22	B	Strong	Up	Up	Up	-6.22%
Dec 21	B	Strong	Up	Up	Flat	-5.32%
Dec 20	B	Strong	Up	Up	Flat	-5.42%
Dec 19	B	Strong	Up	Up	Up	-6.98%