Trend Table for PAM - Pampa Energia S.A.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Strong	Up	Up	Up	21.05%
Nov 7	B	Strong	Up	Up	Up	22.34%
Nov 6	B	Strong	Up	Up	Up	22.68%
Nov 5	B	Strong	Up	Up	Up	25.47%
Nov 4	B	Strong	Up	Up	Down	29.23%
Nov 1	B	Strong	Up	Up	Down	28.64%
Oct 31	B	Strong	Up	Up	Down	26.89%
Oct 30	B	Strong	Up	Up	Down	27.26%
Oct 29	B	Strong	Up	Up	Down	27.91%
Oct 28	B	Strong	Up	Up	Flat	26.76%