Trend Table for CTO - Consolidated-Tomoka Land Co.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	A	Weak or Absent	Up	Up	Up	16.06%
May 16	A	Weak or Absent	Up	Up	Up	15.99%
May 15	B	Weak or Absent	Up	Up	Up	17.05%
May 14	B	Weak or Absent	Up	Up	Up	18.39%
May 13	B	Weak or Absent	Up	Up	Up	19.00%
May 10	B	Weak or Absent	Up	Up	Flat	19.41%
May 9	B	Weak or Absent	Up	Up	Flat	19.76%
May 8	B	Weak or Absent	Up	Up	Up	19.14%
May 7	B	Weak or Absent	Up	Up	Flat	19.83%
May 6	B	Weak or Absent	Up	Up	Down	21.74%