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 13	B	Strong	Up	Up	Down	23.13%
Dec 12	B	Strong	Up	Up	Down	21.60%
Dec 9	B	Strong	Up	Up	Down	23.80%
Dec 8	B	Strong	Up	Up	Down	22.78%
Dec 7	B	Strong	Up	Up	Down	21.98%
Dec 6	B	Strong	Up	Up	Flat	17.22%
Dec 5	B	Strong	Up	Up	Down	19.07%
Dec 2	A	Strong	Up	Up	Up	14.01%
Dec 1	A	Strong	Up	Up	Up	15.52%
Nov 30	A	Strong	Up	Up	Up	15.47%