Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 20	C	Weak or Absent	Up	Up	Flat	8.30%
Jul 19	C	Weak or Absent	Up	Up	Up	5.21%
Jul 18	C	Weak or Absent	Up	Up	Up	5.77%
Jul 17	D	Weak or Absent	Up	Up	Up	7.12%
Jul 14	C	Weak or Absent	Up	Up	Up	6.25%
Jul 13	D	Weak or Absent	Up	Up	Up	6.25%
Jul 12	C	Weak or Absent	Up	Up	Up	6.25%
Jul 11	F	Weak or Absent	Down	Down	Up	12.08%
Jul 10	D	Weak or Absent	Down	Down	Up	12.51%
Jul 7	D	Weak or Absent	Down	Down	Up	14.25%