Trend Table for PBT - Permian Basin Royalty Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 5	F	Weak or Absent	Down	Down	Down	26.49%
Aug 2	F	Weak or Absent	Down	Down	Down	21.63%
Aug 1	F	Weak or Absent	Down	Down	Down	20.64%
Jul 31	F	Weak or Absent	Down	Down	Up	17.13%
Jul 30	F	Weak or Absent	Down	Down	Down	20.31%
Jul 29	F	Weak or Absent	Down	Down	Down	19.77%
Jul 26	F	Weak or Absent	Down	Down	Down	17.35%
Jul 25	F	Weak or Absent	Down	Down	Up	14.15%
Jul 24	F	Weak or Absent	Down	Down	Down	19.66%
Jul 23	F	Weak or Absent	Down	Down	Down	21.62%