Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 20	B	Weak or Absent	Up	Up	Up	1.47%
Aug 19	B	Weak or Absent	Up	Up	Up	0.33%
Aug 16	B	Weak or Absent	Up	Up	Up	1.41%
Aug 15	C	Weak or Absent	Flat	Up	Up	3.45%
Aug 14	B	Weak or Absent	Up	Up	Up	2.39%
Aug 13	C	Weak or Absent	Flat	Up	Up	3.45%
Aug 12	B	Weak or Absent	Down	Up	Up	5.71%
Aug 9	B	Weak or Absent	Down	Up	Up	6.44%
Aug 8	B	Weak or Absent	Down	Up	Up	8.90%
Aug 7	B	Weak or Absent	Down	Up	Up	9.67%