Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	C	Strong	Flat	Down	Up	5.51%
Sep 27	C	Strong	Down	Down	Up	8.46%
Sep 26	C	Strong	Down	Down	Up	7.33%
Sep 25	C	Strong	Down	Down	Up	8.84%
Sep 22	C	Strong	Down	Down	Up	9.61%
Sep 21	C	Strong	Down	Down	Up	10.59%
Sep 20	C	Strong	Down	Down	Up	11.19%
Sep 19	C	Strong	Down	Down	Up	11.39%
Sep 18	C	Strong	Down	Down	Flat	12.19%
Sep 15	D	Strong	Down	Down	Up	11.19%