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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 13	F	Strong	Down	Down	Flat	16.97%
Feb 12	D	Strong	Down	Down	Up	13.44%
Feb 9	D	Strong	Down	Down	Up	14.73%
Feb 8	D	Strong	Down	Down	Up	14.45%
Feb 7	D	Very Strong	Down	Down	Up	14.82%
Feb 6	F	Very Strong	Down	Down	Flat	17.23%
Feb 5	F	Very Strong	Down	Down	Down	22.16%
Feb 2	F	Very Strong	Down	Down	Down	19.07%
Feb 1	F	Very Strong	Down	Down	Flat	16.88%
Jan 31	F	Very Strong	Down	Down	Down	18.40%