Trend Table for PEO - Adams Natural Resources Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 19	F	Weak or Absent	Down	Down	Down	25.67%
Jan 18	D	Weak or Absent	Down	Down	Down	25.61%
Jan 17	D	Weak or Absent	Down	Down	Down	24.86%
Jan 16	D	Weak or Absent	Down	Down	Down	23.50%
Jan 12	C	Weak or Absent	Up	Up	Flat	20.48%
Jan 11	C	Weak or Absent	Up	Flat	Down	21.59%
Jan 10	D	Weak or Absent	Up	Flat	Down	22.06%
Jan 9	C	Weak or Absent	Up	Up	Down	20.82%
Jan 8	C	Weak or Absent	Up	Up	Flat	19.73%
Jan 5	B	Weak or Absent	Up	Up	Up	18.48%