Trend Table for ARTNA - Artesian Resources Corporation - Class A Non-Voting

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	A	Weak or Absent	Up	Up	Up	-33.35%
Dec 20	A	Weak or Absent	Up	Up	Down	-32.24%
Dec 19	A	Weak or Absent	Up	Up	Flat	-32.51%
Dec 16	A	Weak or Absent	Up	Up	Up	-33.78%
Dec 15	A	Weak or Absent	Up	Up	Down	-30.46%
Dec 14	B	Weak or Absent	Up	Up	Flat	-32.58%
Dec 13	A	Weak or Absent	Up	Up	Up	-32.95%
Dec 12	B	Weak or Absent	Up	Up	Flat	-32.29%
Dec 9	A	Weak or Absent	Up	Up	Up	-33.36%
Dec 8	A	Weak or Absent	Up	Up	Up	-33.19%