Trend Table for ARE - Alexandria Real Estate Equities, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	D	Weak or Absent	Up	Down	Down	-5.78%
Jun 3	D	Weak or Absent	Up	Down	Down	-5.91%
May 31	D	Weak or Absent	Up	Down	Down	-6.96%
May 30	D	Weak or Absent	Up	Down	Down	-4.80%
May 29	D	Weak or Absent	Up	Down	Down	-3.94%
May 28	C	Weak or Absent	Up	Down	Down	-5.35%
May 24	C	Weak or Absent	Up	Down	Down	-6.49%
May 23	C	Weak or Absent	Up	Down	Down	-6.64%
May 22	C	Weak or Absent	Up	Up	Flat	-9.83%
May 21	C	Weak or Absent	Up	Up	Up	-10.35%