Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	F	Weak or Absent	Down	Down	Down	0.50%
Nov 19	F	Weak or Absent	Down	Down	Down	-0.83%
Nov 18	F	Weak or Absent	Down	Down	Down	-0.83%
Nov 15	F	Weak or Absent	Down	Down	Down	-4.76%
Nov 14	F	Weak or Absent	Down	Down	Down	-6.40%
Nov 13	F	Weak or Absent	Down	Down	Down	-4.76%
Nov 12	D	Weak or Absent	Down	Up	Up	-11.37%
Nov 11	D	Weak or Absent	Down	Up	Up	-10.98%
Nov 8	D	Weak or Absent	Down	Up	Up	-9.77%
Nov 7	D	Weak or Absent	Down	Up	Up	-9.64%