Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 14	C	Strong	Up	Up	Down	-21.49%
Feb 13	C	Strong	Up	Flat	Down	-19.76%
Feb 12	C	Strong	Up	Up	Down	-23.78%
Feb 9	C	Strong	Up	Up	Down	-23.33%
Feb 8	C	Strong	Up	Up	Down	-22.97%
Feb 7	C	Strong	Up	Up	Down	-22.60%
Feb 6	C	Strong	Up	Up	Down	-23.15%
Feb 5	C	Strong	Up	Up	Down	-22.42%
Feb 2	C	Strong	Up	Up	Flat	-28.83%
Feb 1	B	Strong	Up	Up	Up	-29.59%