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
Dec 30	B	Strong	Up	Down	Up	22.68%
Dec 29	B	Strong	Up	Down	Up	23.47%
Dec 28	C	Strong	Flat	Down	Flat	24.97%
Dec 27	B	Strong	Up	Down	Up	21.73%
Dec 23	C	Strong	Up	Down	Up	22.51%
Dec 22	D	Strong	Down	Down	Flat	25.97%
Dec 21	C	Strong	Up	Down	Up	23.64%
Dec 20	D	Strong	Flat	Down	Up	24.97%
Dec 19	D	Strong	Down	Down	Down	27.60%
Dec 16	D	Strong	Down	Down	Down	27.17%