Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	D	Weak or Absent	Up	Down	Down	-19.05%
Jul 17	D	Weak or Absent	Up	Down	Up	-21.92%
Jul 16	D	Weak or Absent	Up	Flat	Up	-22.73%
Jul 15	D	Weak or Absent	Up	Down	Down	-21.20%
Jul 12	D	Weak or Absent	Up	Down	Down	-21.20%
Jul 11	D	Weak or Absent	Up	Down	Down	-21.30%
Jul 10	D	Weak or Absent	Up	Down	Down	-19.27%
Jul 9	C	Weak or Absent	Up	Down	Down	-19.05%
Jul 8	C	Weak or Absent	Up	Down	Down	-19.92%
Jul 5	C	Weak or Absent	Up	Down	Down	-20.78%