Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	C	Strong	Up	Up	Flat	8.60%
Jan 26	C	Strong	Up	Up	Down	9.93%
Jan 25	B	Strong	Up	Up	Up	7.86%
Jan 24	B	Strong	Up	Up	Up	6.94%
Jan 23	B	Strong	Up	Up	Up	8.23%
Jan 20	B	Strong	Up	Up	Up	5.69%
Jan 19	B	Strong	Up	Up	Up	9.35%
Jan 18	B	Strong	Up	Up	Up	9.74%
Jan 17	B	Weak or Absent	Up	Up	Up	8.42%
Jan 13	B	Weak or Absent	Up	Up	Up	10.89%