Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	D	Weak or Absent	Down	Flat	Down	22.45%
Jan 9	D	Weak or Absent	Down	Up	Down	21.94%
Jan 8	D	Weak or Absent	Down	Up	Down	22.19%
Jan 5	D	Weak or Absent	Down	Up	Down	22.19%
Jan 4	D	Weak or Absent	Down	Up	Down	21.69%
Jan 3	F	Weak or Absent	Down	Flat	Down	23.21%
Jan 2	D	Weak or Absent	Down	Up	Down	19.96%
Dec 29	D	Weak or Absent	Down	Up	Flat	17.58%
Dec 28	D	Weak or Absent	Down	Up	Up	16.65%
Dec 27	D	Weak or Absent	Flat	Up	Up	13.73%