Trend Table for PANL - Pangaea Logistics Solutions Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 31	C	Strong	Up	Down	Up	17.24%
Mar 30	C	Strong	Up	Down	Up	19.68%
Mar 29	C	Strong	Up	Down	Up	20.52%
Mar 28	B	Strong	Up	Down	Up	20.74%
Mar 27	B	Strong	Up	Down	Up	19.68%
Mar 24	B	Strong	Up	Down	Up	19.68%
Mar 23	B	Strong	Up	Down	Down	22.35%
Mar 22	B	Strong	Up	Down	Down	24.90%
Mar 21	C	Strong	Up	Down	Down	25.12%
Mar 20	B	Strong	Flat	Down	Down	31.84%