Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Strong	Up	Up	Down	-12.65%
Dec 8	C	Strong	Up	Up	Down	-12.65%
Dec 7	C	Strong	Up	Up	Down	-12.65%
Dec 6	C	Strong	Up	Up	Down	-13.15%
Dec 5	C	Strong	Up	Up	Down	-12.78%
Dec 4	B	Strong	Up	Up	Up	-14.73%
Nov 30	C	Strong	Up	Up	Flat	-12.78%
Nov 29	C	Strong	Up	Up	Down	-12.53%
Nov 28	A	Strong	Up	Up	Up	-14.10%
Nov 27	A	Strong	Up	Up	Up	-14.58%