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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	D	Weak or Absent	Down	Down	Flat	-2.79%
May 5	D	Weak or Absent	Down	Down	Up	-3.81%
May 4	D	Weak or Absent	Down	Down	Flat	-2.15%
May 3	D	Weak or Absent	Down	Down	Down	-2.10%
May 2	D	Weak or Absent	Down	Down	Down	-0.52%
May 1	D	Weak or Absent	Down	Down	Down	-2.37%
Apr 28	D	Strong	Down	Down	Up	-4.23%
Apr 27	D	Strong	Down	Down	Flat	-3.09%
Apr 26	D	Strong	Down	Down	Down	-0.91%
Apr 25	D	Strong	Down	Down	Down	-1.33%