Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 10	C	Weak or Absent	Up	Down	Down	9.90%
Aug 9	B	Weak or Absent	Up	Up	Flat	-2.95%
Aug 8	A	Weak or Absent	Up	Up	Flat	-3.37%
Aug 7	A	Weak or Absent	Up	Up	Flat	-3.23%
Aug 4	A	Weak or Absent	Up	Up	Up	-3.09%
Aug 3	A	Weak or Absent	Up	Up	Up	-2.95%
Aug 2	A	Weak or Absent	Up	Up	Up	-2.95%
Aug 1	B	Weak or Absent	Up	Up	Up	-4.46%
Jul 31	B	Weak or Absent	Up	Up	Up	-2.95%
Jul 28	B	Weak or Absent	Up	Up	Up	-4.05%