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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	A	Strong	Up	Up	Down	24.20%
Dec 27	A	Strong	Up	Up	Flat	21.51%
Dec 23	A	Strong	Up	Up	Up	19.62%
Dec 22	A	Strong	Up	Up	Up	20.44%
Dec 21	A	Strong	Up	Up	Up	20.50%
Dec 20	A	Strong	Up	Up	Up	20.13%
Dec 19	A	Strong	Up	Up	Flat	22.66%
Dec 16	A	Strong	Up	Up	Down	23.83%
Dec 15	A	Strong	Up	Up	Down	21.88%
Dec 14	B	Strong	Up	Up	Down	22.86%