Trend Table for PEO - Adams Natural Resources Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	C	Weak or Absent	Up	Down	Down	7.84%
May 22	D	Weak or Absent	Up	Flat	Down	6.95%
May 21	B	Weak or Absent	Up	Up	Flat	5.14%
May 20	B	Weak or Absent	Up	Up	Up	4.96%
May 17	B	Weak or Absent	Up	Up	Up	4.34%
May 16	B	Weak or Absent	Up	Up	Up	5.77%
May 15	B	Weak or Absent	Up	Up	Up	5.63%
May 14	B	Weak or Absent	Up	Up	Flat	6.40%
May 13	B	Weak or Absent	Up	Up	Up	6.40%
May 10	B	Strong	Up	Up	Up	5.72%