Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Strong	Down	Down	Down	11.45%
May 19	F	Weak or Absent	Down	Down	Down	12.08%
May 18	F	Weak or Absent	Down	Down	Down	13.37%
May 17	D	Weak or Absent	Down	Down	Down	10.41%
May 16	C	Weak or Absent	Down	Down	Down	8.99%
May 15	B	Weak or Absent	Up	Flat	Down	2.92%
May 12	B	Weak or Absent	Up	Flat	Down	3.10%
May 11	B	Weak or Absent	Up	Up	Down	2.92%
May 10	B	Weak or Absent	Up	Up	Flat	-0.70%
May 9	B	Weak or Absent	Up	Up	Up	-1.53%