Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	B	Weak or Absent	Down	Up	Flat	13.22%
Dec 27	B	Weak or Absent	Down	Up	Up	6.13%
Dec 23	B	Weak or Absent	Down	Up	Up	11.31%
Dec 22	B	Weak or Absent	Down	Up	Up	13.00%
Dec 21	B	Weak or Absent	Down	Up	Up	11.72%
Dec 20	B	Weak or Absent	Down	Up	Up	12.36%
Dec 19	D	Weak or Absent	Down	Down	Down	19.37%
Dec 16	C	Weak or Absent	Down	Flat	Down	16.55%
Dec 15	D	Weak or Absent	Down	Down	Down	18.18%
Dec 14	D	Weak or Absent	Down	Up	Down	14.97%