Trend Table for TIMB - TIM S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 18	B	Strong	Up	Up	Up	-6.99%
Dec 15	B	Strong	Up	Up	Flat	-4.64%
Dec 14	B	Strong	Up	Up	Up	-7.68%
Dec 13	A	Strong	Up	Up	Up	-6.54%
Dec 12	A	Strong	Up	Up	Up	-3.74%
Dec 11	A	Strong	Up	Up	Up	-4.43%
Dec 8	A	Strong	Up	Up	Up	-4.33%
Dec 7	A	Strong	Up	Up	Up	-3.37%
Dec 6	A	Strong	Up	Up	Up	-4.38%
Dec 5	A	Strong	Up	Up	Up	-2.66%