Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 4	B	Strong	Up	Up	Up	-8.48%
Dec 1	B	Strong	Up	Up	Flat	-7.18%
Nov 30	C	Strong	Up	Up	Flat	-6.39%
Nov 29	C	Strong	Up	Up	Down	-6.12%
Nov 28	A	Strong	Up	Up	Up	-7.81%
Nov 27	A	Strong	Up	Up	Up	-8.32%
Nov 24	A	Strong	Up	Up	Up	-10.18%
Nov 22	A	Strong	Up	Up	Up	-5.59%
Nov 21	A	Strong	Up	Up	Up	-5.32%
Nov 20	A	Weak or Absent	Up	Up	Up	-5.85%