Trend Table for NTB - Bank of N.T. Butterfield & Son Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Strong	Up	Up	Down	11.78%
May 17	B	Strong	Up	Up	Up	10.31%
May 16	B	Strong	Up	Up	Up	10.59%
May 15	A	Strong	Up	Up	Up	10.03%
May 14	A	Strong	Up	Up	Up	10.46%
May 13	A	Strong	Up	Up	Up	11.52%
May 10	A	Strong	Up	Up	Up	11.71%
May 9	A	Strong	Up	Up	Up	11.62%
May 8	A	Strong	Up	Up	Up	11.71%
May 7	A	Strong	Up	Up	Up	12.22%