Trend Table for GROY - Gold Royalty Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	D	Weak or Absent	Up	Down	Up	-34.20%
May 21	C	Weak or Absent	Up	Up	Up	-35.86%
May 20	C	Weak or Absent	Up	Up	Up	-38.65%
May 17	D	Weak or Absent	Up	Up	Up	-36.18%
May 16	D	Weak or Absent	Up	Down	Flat	-30.60%
May 15	D	Weak or Absent	Up	Down	Flat	-31.72%
May 14	D	Weak or Absent	Up	Down	Down	-28.65%
May 13	D	Weak or Absent	Up	Down	Down	-29.05%
May 10	D	Weak or Absent	Up	Down	Down	-29.83%
May 9	C	Weak or Absent	Up	Down	Down	-31.35%