Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 27	A	Strong	Up	Up	Up	-5.70%
Feb 24	A	Strong	Up	Up	Up	-2.94%
Feb 23	A	Strong	Up	Up	Up	-5.70%
Feb 22	A	Strong	Up	Up	Up	-0.02%
Feb 21	B	Strong	Up	Up	Down	3.43%
Feb 17	A	Strong	Up	Up	Flat	2.42%
Feb 16	A	Strong	Up	Up	Up	1.93%
Feb 15	B	Strong	Up	Up	Flat	2.59%
Feb 14	A	Strong	Up	Up	Up	0.95%
Feb 13	A	Strong	Up	Up	Up	1.76%