Trend Table for VIV - Telefonica Brasil, S.A. ADS

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	F	Weak or Absent	Down	Down	Down	-0.48%
May 17	F	Weak or Absent	Down	Down	Down	-2.13%
May 16	F	Strong	Down	Down	Down	-2.02%
May 15	F	Strong	Down	Down	Down	-0.60%
May 14	F	Weak or Absent	Down	Down	Down	0.19%
May 13	F	Weak or Absent	Down	Down	Down	0.64%
May 10	F	Weak or Absent	Down	Down	Down	1.56%
May 9	F	Weak or Absent	Down	Down	Down	0.76%
May 8	F	Weak or Absent	Down	Down	Down	-4.13%
May 7	D	Weak or Absent	Up	Down	Up	-8.95%