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 17	C	Weak or Absent	Up	Up	Up	18.97%
Jan 13	C	Weak or Absent	Up	Up	Up	18.44%
Jan 12	B	Weak or Absent	Up	Up	Up	18.13%
Jan 11	C	Weak or Absent	Up	Down	Up	20.25%
Jan 10	C	Weak or Absent	Up	Down	Up	21.23%
Jan 9	C	Weak or Absent	Up	Down	Up	22.45%
Jan 6	C	Strong	Up	Down	Up	21.95%
Jan 5	C	Strong	Flat	Down	Flat	24.39%
Jan 4	D	Strong	Down	Down	Down	26.15%
Jan 3	D	Strong	Down	Down	Down	26.39%