Trend Table for PBT - Permian Basin Royalty Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	F	Weak or Absent	Down	Down	Flat	22.05%
Jul 17	D	Weak or Absent	Down	Up	Up	17.48%
Jul 16	F	Weak or Absent	Down	Down	Up	20.18%
Jul 15	D	Weak or Absent	Down	Flat	Up	18.27%
Jul 12	F	Weak or Absent	Down	Flat	Up	19.27%
Jul 11	D	Weak or Absent	Down	Up	Up	17.58%
Jul 10	D	Weak or Absent	Down	Down	Up	19.78%
Jul 9	D	Weak or Absent	Down	Down	Up	23.55%
Jul 8	F	Weak or Absent	Down	Down	Down	29.09%
Jul 5	F	Weak or Absent	Down	Down	Down	30.89%