Trend Table for GROY - Gold Royalty Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Weak or Absent	Up	Up	Up	-38.16%
May 17	D	Weak or Absent	Up	Up	Up	-35.68%
May 16	D	Weak or Absent	Up	Down	Flat	-30.05%
May 15	D	Weak or Absent	Up	Down	Flat	-31.18%
May 14	D	Weak or Absent	Up	Down	Down	-28.09%
May 13	D	Weak or Absent	Up	Down	Down	-28.49%
May 10	D	Weak or Absent	Up	Down	Down	-29.28%
May 9	C	Weak or Absent	Up	Down	Down	-30.81%
May 8	C	Weak or Absent	Up	Down	Down	-28.49%
May 7	C	Weak or Absent	Up	Down	Down	-30.43%