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
Aug 15	C	Weak or Absent	Down	Up	Up	-5.27%
Aug 14	C	Weak or Absent	Down	Up	Up	-6.67%
Aug 13	C	Weak or Absent	Down	Up	Up	-6.08%
Aug 12	B	Weak or Absent	Down	Up	Up	-4.24%
Aug 9	B	Weak or Absent	Down	Up	Up	-4.34%
Aug 8	B	Weak or Absent	Down	Up	Up	-2.86%
Aug 7	B	Weak or Absent	Down	Up	Up	-0.78%
Aug 6	B	Weak or Absent	Down	Up	Up	1.40%
Aug 5	C	Weak or Absent	Down	Flat	Down	3.30%
Aug 2	C	Weak or Absent	Down	Up	Up	0.47%