Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 21	A	Strong	Up	Up	Up	-12.56%
Jun 20	A	Weak or Absent	Up	Up	Up	-10.29%
Jun 16	B	Weak or Absent	Up	Up	Up	-7.49%
Jun 15	B	Weak or Absent	Up	Up	Flat	-1.01%
Jun 14	B	Weak or Absent	Up	Up	Up	-2.10%
Jun 13	B	Weak or Absent	Up	Up	Up	-2.40%
Jun 12	B	Weak or Absent	Up	Up	Up	-0.21%
Jun 9	B	Weak or Absent	Up	Up	Up	-0.21%
Jun 8	B	Weak or Absent	Up	Up	Up	-0.85%
Jun 7	B	Weak or Absent	Up	Up	Up	0.27%