Trend Table for PNM - PNM Resources, Inc. (Holding Co.)

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 13	D	Weak or Absent	Down	Flat	Down	14.94%
Mar 12	D	Weak or Absent	Down	Up	Flat	13.47%
Mar 11	D	Weak or Absent	Down	Up	Up	12.54%
Mar 8	D	Weak or Absent	Down	Up	Up	12.60%
Mar 7	D	Weak or Absent	Down	Up	Up	12.45%
Mar 6	F	Weak or Absent	Down	Down	Down	14.17%
Mar 5	F	Weak or Absent	Down	Flat	Flat	13.50%
Mar 4	D	Weak or Absent	Down	Up	Up	12.03%
Mar 1	F	Weak or Absent	Down	Down	Down	15.32%
Feb 29	F	Weak or Absent	Down	Down	Down	16.23%