Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	F	Strong	Down	Down	Down	-6.08%
Oct 24	F	Strong	Down	Down	Flat	-8.67%
Oct 23	F	Strong	Down	Down	Down	-8.07%
Oct 22	F	Weak or Absent	Down	Down	Down	-7.76%
Oct 21	F	Weak or Absent	Down	Down	Down	-9.09%
Oct 18	F	Strong	Down	Down	Down	-9.86%
Oct 17	F	Strong	Down	Down	Flat	-10.55%
Oct 16	F	Strong	Down	Down	Down	-10.67%
Oct 15	F	Strong	Down	Down	Down	-8.91%
Oct 14	F	Strong	Down	Down	Down	-8.61%