Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 29	A	Weak or Absent	Up	Up	Up	21.84%
Nov 28	A	Weak or Absent	Flat	Up	Up	22.55%
Nov 25	C	Weak or Absent	Down	Up	Up	24.48%