Trend Table for LOPE - Grand Canyon Education, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Strong	Up	Up	Up	13.67%
May 17	C	Strong	Up	Up	Flat	15.88%
May 16	C	Strong	Up	Up	Up	15.78%
May 15	C	Strong	Up	Up	Up	15.98%
May 14	B	Strong	Up	Up	Up	16.18%
May 13	B	Strong	Up	Up	Up	14.25%
May 10	B	Strong	Up	Up	Up	12.83%
May 9	B	Weak or Absent	Up	Up	Up	12.47%
May 8	B	Weak or Absent	Up	Up	Up	14.14%
May 7	B	Weak or Absent	Up	Up	Up	20.10%