Trend Table for CPA - Copa Holdings, S.A.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	A	Weak or Absent	Up	Up	Up	8.26%
May 5	B	Weak or Absent	Up	Up	Up	9.79%
May 4	C	Weak or Absent	Up	Flat	Flat	13.54%
May 3	B	Weak or Absent	Up	Up	Up	9.10%
May 2	B	Weak or Absent	Up	Flat	Up	13.18%
May 1	B	Weak or Absent	Up	Up	Up	11.02%
Apr 28	B	Weak or Absent	Up	Up	Up	12.54%
Apr 27	C	Weak or Absent	Up	Down	Down	15.46%
Apr 26	C	Weak or Absent	Up	Down	Down	18.18%
Apr 25	C	Weak or Absent	Up	Down	Down	15.67%