Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 9	C	Weak or Absent	Up	Down	Down	-13.13%
Jul 8	C	Weak or Absent	Up	Down	Down	-14.06%
Jul 5	C	Weak or Absent	Up	Down	Down	-14.97%
Jul 3	B	Weak or Absent	Up	Up	Up	-19.17%
Jul 2	B	Weak or Absent	Up	Up	Up	-18.96%
Jul 1	B	Weak or Absent	Up	Up	Up	-17.92%
Jun 28	B	Weak or Absent	Up	Up	Up	-18.34%
Jun 27	B	Weak or Absent	Up	Up	Up	-17.39%
Jun 26	B	Weak or Absent	Up	Up	Flat	-16.31%
Jun 25	B	Weak or Absent	Up	Up	Up	-17.81%