Trend Table for PNM - PNM Resources, Inc. (Holding Co.)

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 2	C	Weak or Absent	Down	Up	Up	0.00%
May 1	C	Weak or Absent	Down	Up	Up	0.86%
Apr 30	C	Weak or Absent	Down	Up	Up	1.75%
Apr 29	D	Weak or Absent	Down	Up	Up	1.75%
Apr 26	D	Weak or Absent	Down	Down	Up	3.83%
Apr 25	D	Weak or Absent	Down	Down	Up	3.83%
Apr 24	D	Weak or Absent	Down	Down	Up	4.05%
Apr 23	F	Weak or Absent	Down	Down	Flat	5.02%
Apr 22	D	Weak or Absent	Down	Down	Up	3.88%
Apr 19	D	Weak or Absent	Down	Down	Flat	4.11%