Trend Table for RYN - Rayonier Inc. REIT

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 19	D	Strong	Down	Down	Flat	12.07%
May 18	F	Strong	Down	Down	Down	13.66%
May 17	F	Strong	Down	Down	Down	14.01%
May 16	D	Strong	Down	Down	Down	14.99%
May 15	F	Strong	Down	Down	Down	12.30%
May 12	D	Strong	Down	Down	Down	13.17%
May 11	D	Strong	Down	Down	Down	11.92%
May 10	D	Strong	Down	Down	Down	10.45%
May 9	D	Strong	Down	Down	Down	11.14%
May 8	D	Strong	Down	Down	Down	12.07%