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 6	D	Weak or Absent	Down	Up	Up	-10.39%
Nov 5	F	Strong	Down	Down	Up	-6.45%
Nov 4	F	Strong	Down	Down	Down	-4.03%
Nov 1	F	Strong	Down	Down	Down	-3.72%
Oct 31	D	Strong	Down	Down	Up	-7.32%
Oct 30	D	Strong	Down	Down	Flat	-6.45%
Oct 29	F	Strong	Down	Down	Flat	-6.00%
Oct 28	F	Strong	Down	Down	Down	-4.34%
Oct 25	F	Weak or Absent	Down	Down	Down	-5.10%
Oct 24	F	Weak or Absent	Down	Down	Down	-5.10%