Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Weak or Absent	Up	Up	Up	-17.93%
May 3	C	Weak or Absent	Up	Up	Up	-18.48%
May 2	B	Weak or Absent	Up	Up	Up	-18.04%
May 1	C	Weak or Absent	Up	Down	Up	-15.98%
Apr 30	C	Weak or Absent	Up	Down	Up	-16.22%
Apr 29	D	Weak or Absent	Up	Down	Up	-16.34%
Apr 26	C	Weak or Absent	Up	Down	Up	-13.82%
Apr 25	C	Weak or Absent	Flat	Down	Up	-12.83%
Apr 24	D	Weak or Absent	Flat	Down	Up	-12.07%
Apr 23	D	Strong	Flat	Down	Up	-12.19%