Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 6	C	Weak or Absent	Down	Up	Up	9.50%
Aug 5	C	Weak or Absent	Down	Up	Up	10.66%
Aug 2	C	Weak or Absent	Down	Up	Up	7.44%
Aug 1	D	Weak or Absent	Down	Up	Up	8.42%
Jul 31	D	Weak or Absent	Down	Up	Up	8.00%
Jul 30	F	Weak or Absent	Down	Down	Down	14.32%
Jul 29	F	Weak or Absent	Down	Down	Down	15.76%
Jul 26	F	Weak or Absent	Down	Down	Down	15.60%
Jul 25	F	Weak or Absent	Down	Down	Down	14.09%
Jul 24	D	Weak or Absent	Down	Down	Down	12.54%