Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 4	C	Weak or Absent	Down	Up	Flat	6.02%
Sep 3	C	Weak or Absent	Down	Up	Down	7.61%
Aug 30	D	Weak or Absent	Down	Up	Down	8.69%
Aug 29	D	Weak or Absent	Down	Up	Down	8.21%
Aug 28	D	Weak or Absent	Down	Up	Down	6.28%
Aug 27	D	Weak or Absent	Down	Up	Down	6.09%
Aug 26	D	Weak or Absent	Down	Up	Down	5.51%
Aug 23	C	Weak or Absent	Flat	Up	Flat	4.30%
Aug 22	D	Weak or Absent	Down	Up	Down	7.14%
Aug 21	C	Weak or Absent	Up	Up	Up	3.55%