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 1	F	Strong	Down	Down	Down	-26.15%
Nov 30	F	Strong	Down	Down	Down	-25.41%
Nov 29	F	Strong	Down	Down	Down	-25.50%
Nov 28	F	Strong	Down	Down	Down	-26.73%
Nov 27	F	Strong	Down	Down	Down	-28.62%
Nov 24	D	Strong	Down	Down	Up	-30.77%
Nov 22	F	Strong	Down	Down	Down	-28.98%
Nov 21	F	Strong	Down	Down	Flat	-28.94%
Nov 20	D	Strong	Down	Down	Up	-30.58%
Nov 17	D	Strong	Down	Down	Up	-32.39%