Trend Table for CTO - Consolidated-Tomoka Land Co.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	C	Strong	Down	Down	Flat	27.33%
Dec 23	D	Strong	Down	Down	Down	28.74%
Dec 22	D	Strong	Down	Down	Down	28.38%
Dec 21	F	Strong	Down	Down	Down	30.18%
Dec 20	F	Strong	Down	Down	Down	30.10%
Dec 19	D	Strong	Down	Down	Down	27.47%
Dec 16	D	Strong	Down	Down	Down	27.54%
Dec 15	D	Strong	Down	Down	Down	26.30%
Dec 14	D	Strong	Down	Down	Down	24.68%
Dec 13	D	Strong	Down	Down	Down	24.02%