Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 24	A	Weak or Absent	Up	Up	Up	-2.08%
Apr 21	A	Weak or Absent	Up	Up	Up	1.72%
Apr 20	B	Strong	Up	Up	Up	0.42%
Apr 19	B	Strong	Up	Up	Up	-0.69%
Apr 18	B	Strong	Up	Up	Up	-0.84%
Apr 17	B	Strong	Up	Up	Up	-2.53%
Apr 14	B	Strong	Up	Up	Up	1.56%
Apr 13	C	Strong	Up	Flat	Up	4.08%
Apr 12	C	Strong	Up	Flat	Up	4.43%
Apr 11	C	Strong	Up	Down	Up	8.02%