Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 28	B	Strong	Up	Up	Down	2.49%
Jun 27	B	Strong	Up	Up	Down	2.57%
Jun 26	B	Strong	Up	Up	Down	3.43%
Jun 23	A	Strong	Up	Up	Flat	2.34%
Jun 22	A	Strong	Up	Up	Up	-4.59%
Jun 21	A	Strong	Up	Up	Up	-4.86%
Jun 20	A	Weak or Absent	Up	Up	Up	-2.39%
Jun 16	B	Weak or Absent	Up	Up	Up	0.66%
Jun 15	B	Weak or Absent	Up	Up	Flat	7.71%
Jun 14	B	Weak or Absent	Up	Up	Up	6.53%