Trend Table for CDZIP - Cadiz, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	D	Weak or Absent	Down	Up	Up	21.06%
May 22	D	Weak or Absent	Down	Up	Up	22.36%
May 21	D	Weak or Absent	Down	Up	Up	20.96%
May 20	D	Weak or Absent	Down	Up	Up	22.36%
May 17	D	Weak or Absent	Down	Up	Up	22.93%
May 16	F	Weak or Absent	Down	Down	Up	25.46%
May 15	F	Weak or Absent	Down	Down	Up	27.61%
May 14	F	Weak or Absent	Down	Down	Up	27.79%
May 13	F	Weak or Absent	Down	Down	Flat	28.28%
May 10	F	Weak or Absent	Down	Down	Flat	29.01%