Trend Table for PAM - Pampa Energia S.A.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	B	Strong	Up	Up	Up	43.61%
Sep 12	B	Strong	Up	Up	Up	43.97%
Sep 11	A	Strong	Up	Up	Up	44.71%
Sep 10	A	Strong	Up	Up	Up	48.40%
Sep 9	A	Weak or Absent	Up	Up	Up	47.04%
Sep 6	A	Weak or Absent	Up	Up	Up	51.17%
Sep 5	B	Weak or Absent	Up	Up	Up	49.87%
Sep 4	A	Weak or Absent	Up	Up	Up	49.84%
Sep 3	A	Weak or Absent	Up	Up	Up	53.64%
Aug 30	B	Weak or Absent	Up	Up	Up	56.06%