Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	A	Strong	Up	Up	Up	-2.17%
May 17	A	Strong	Up	Up	Up	-0.52%
May 16	B	Strong	Up	Up	Up	3.33%
May 15	B	Strong	Up	Up	Up	3.15%
May 14	B	Strong	Up	Up	Flat	4.99%
May 13	B	Strong	Up	Up	Up	4.43%
May 10	B	Strong	Up	Up	Up	3.88%
May 9	A	Strong	Up	Up	Up	2.79%
May 8	B	Strong	Up	Up	Up	4.99%
May 7	B	Strong	Up	Up	Up	4.62%