Trend Table for NOA - North American Energy Partners, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	A	Weak or Absent	Up	Up	Flat	44.34%
Dec 20	A	Weak or Absent	Up	Up	Flat	44.23%
Dec 19	A	Weak or Absent	Up	Up	Down	46.23%
Dec 16	A	Weak or Absent	Up	Up	Flat	45.67%
Dec 15	A	Weak or Absent	Up	Up	Flat	44.67%
Dec 14	A	Strong	Up	Up	Up	40.82%
Dec 13	A	Strong	Up	Up	Up	42.08%
Dec 12	B	Strong	Up	Up	Down	46.00%
Dec 9	B	Strong	Up	Up	Down	47.70%
Dec 8	B	Strong	Up	Up	Down	46.00%