Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	D	Strong	Down	Down	Flat	41.38%
Feb 22	F	Strong	Down	Down	Down	43.10%
Feb 21	F	Strong	Down	Down	Down	41.05%
Feb 20	F	Strong	Down	Down	Down	42.41%
Feb 16	F	Strong	Down	Down	Down	43.45%
Feb 15	F	Strong	Down	Down	Down	44.51%
Feb 14	F	Strong	Down	Down	Down	48.13%
Feb 13	F	Weak or Absent	Down	Down	Down	45.94%
Feb 12	F	Weak or Absent	Down	Down	Down	32.19%
Feb 9	F	Weak or Absent	Down	Down	Down	33.99%