Trend Table for PAM - Pampa Energia S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Strong	Up	Up	Up	0.51%
Nov 19	A	Strong	Up	Up	Up	3.65%
Nov 18	A	Strong	Up	Up	Up	2.86%
Nov 15	A	Strong	Up	Up	Up	7.76%
Nov 14	A	Strong	Up	Up	Up	8.53%
Nov 13	A	Strong	Up	Up	Up	11.27%
Nov 12	B	Strong	Up	Up	Up	14.81%
Nov 11	A	Strong	Up	Up	Up	15.82%
Nov 8	B	Strong	Up	Up	Up	17.32%
Nov 7	B	Strong	Up	Up	Up	18.57%