Trend Table for PBT - Permian Basin Royalty Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 29	F	Strong	Down	Down	Down	-10.42%
Dec 28	F	Strong	Down	Down	Down	-11.19%
Dec 27	F	Strong	Down	Down	Down	-10.64%
Dec 26	F	Strong	Down	Down	Down	-14.86%
Dec 22	F	Strong	Down	Down	Down	-14.34%
Dec 21	F	Strong	Down	Down	Down	-12.62%
Dec 20	F	Strong	Down	Down	Down	-13.70%
Dec 19	F	Strong	Down	Down	Down	-15.94%
Dec 18	F	Strong	Down	Down	Down	-16.45%
Dec 15	F	Strong	Down	Down	Up	-18.39%