Trend Table for ESP - Espey Mfg. & Electronics Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	B	Very Strong	Up	Up	Up	13.85%
Feb 22	B	Very Strong	Up	Up	Up	13.20%
Feb 21	B	Very Strong	Up	Up	Up	15.86%
Feb 20	B	Very Strong	Up	Up	Up	17.42%
Feb 16	B	Very Strong	Up	Up	Up	17.05%
Feb 15	B	Very Strong	Up	Up	Up	13.89%
Feb 14	A	Very Strong	Up	Up	Up	9.87%
Feb 13	A	Strong	Up	Up	Up	18.22%
Feb 12	A	Strong	Up	Up	Up	27.12%
Feb 9	A	Strong	Up	Up	Up	27.39%