Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 20	B	Weak or Absent	Up	Up	Up	-10.68%
Jul 19	B	Weak or Absent	Up	Up	Up	-10.16%
Jul 18	B	Weak or Absent	Up	Up	Up	-9.90%
Jul 17	C	Weak or Absent	Up	Up	Down	-6.37%
Jul 14	C	Weak or Absent	Up	Up	Down	-5.52%
Jul 13	C	Strong	Up	Up	Down	-9.11%
Jul 12	C	Strong	Up	Up	Down	-8.84%
Jul 11	C	Strong	Up	Up	Down	-8.31%
Jul 10	A	Strong	Up	Up	Up	-10.03%
Jul 7	A	Strong	Up	Up	Up	-12.07%