Trend Table for AQNB - Algonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes Series 2019-A due July 1, 2079

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	A	Weak or Absent	Up	Up	Up	20.32%
May 19	A	Weak or Absent	Up	Up	Up	20.73%
May 18	B	Weak or Absent	Up	Up	Up	19.97%
May 17	B	Weak or Absent	Up	Up	Up	19.97%
May 16	B	Weak or Absent	Up	Up	Up	22.18%
May 15	B	Weak or Absent	Up	Flat	Up	22.49%
May 12	C	Weak or Absent	Flat	Down	Flat	24.04%
May 11	C	Weak or Absent	Flat	Down	Flat	24.42%
May 10	D	Weak or Absent	Down	Down	Flat	24.80%
May 9	C	Weak or Absent	Flat	Flat	Up	23.34%