Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	F	Weak or Absent	Down	Down	Down	24.91%
Jan 24	F	Weak or Absent	Down	Down	Down	26.25%
Jan 23	D	Weak or Absent	Down	Up	Up	21.31%
Jan 22	F	Weak or Absent	Down	Down	Flat	23.60%
Jan 19	F	Weak or Absent	Down	Down	Down	23.86%
Jan 18	F	Weak or Absent	Down	Down	Down	25.97%
Jan 17	F	Weak or Absent	Down	Down	Down	24.91%
Jan 16	D	Weak or Absent	Down	Down	Down	23.34%
Jan 12	D	Weak or Absent	Down	Up	Up	18.86%
Jan 11	D	Weak or Absent	Down	Down	Down	23.47%