Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 20	A	Weak or Absent	Flat	Up	Down	11.52%
Oct 19	A	Weak or Absent	Down	Up	Down	12.28%
Oct 18	A	Weak or Absent	Up	Up	Flat	9.14%
Oct 17	A	Weak or Absent	Up	Up	Up	8.25%
Oct 16	A	Weak or Absent	Up	Up	Up	9.68%
Oct 13	A	Weak or Absent	Up	Up	Up	9.68%
Oct 12	A	Weak or Absent	Up	Up	Flat	10.59%
Oct 11	A	Weak or Absent	Up	Up	Up	10.05%
Oct 10	A	Weak or Absent	Up	Up	Up	8.79%
Oct 9	A	Weak or Absent	Up	Up	Up	8.25%