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 13	B	Weak or Absent	Up	Up	Up	6.19%
Jun 12	B	Weak or Absent	Up	Up	Up	8.58%
Jun 9	B	Weak or Absent	Up	Up	Up	8.58%
Jun 8	B	Weak or Absent	Up	Up	Up	7.89%
Jun 7	B	Weak or Absent	Up	Up	Up	9.10%
Jun 6	B	Weak or Absent	Up	Up	Up	9.28%
Jun 5	B	Weak or Absent	Up	Up	Up	8.23%
Jun 2	B	Weak or Absent	Up	Up	Up	10.35%
Jun 1	B	Weak or Absent	Up	Up	Up	13.88%
May 31	C	Weak or Absent	Up	Down	Down	17.85%