Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 24	B	Strong	Up	Down	Up	7.71%
Mar 23	B	Strong	Up	Down	Down	10.11%
Mar 22	B	Strong	Up	Down	Down	12.41%
Mar 21	C	Strong	Up	Down	Down	12.61%
Mar 20	B	Strong	Flat	Down	Down	18.65%
Mar 17	B	Strong	Up	Down	Down	12.00%
Mar 16	B	Strong	Up	Down	Down	7.90%
Mar 15	A	Strong	Up	Up	Down	2.37%
Mar 14	A	Strong	Up	Up	Down	-0.10%
Mar 13	B	Strong	Up	Down	Down	4.45%