Trend Table for GROY - Gold Royalty Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	D	Weak or Absent	Up	Down	Down	0.00%
May 30	F	Weak or Absent	Down	Down	Down	10.14%
May 29	F	Weak or Absent	Down	Down	Down	7.95%
May 28	D	Weak or Absent	Up	Down	Down	2.52%
May 24	D	Weak or Absent	Up	Down	Up	-15.10%
May 23	D	Weak or Absent	Up	Down	Flat	-14.21%
May 22	D	Weak or Absent	Up	Down	Up	-15.54%
May 21	D	Weak or Absent	Up	Up	Up	-17.68%
May 20	C	Weak or Absent	Up	Up	Up	-21.26%
May 17	D	Weak or Absent	Up	Up	Up	-18.09%