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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 30	F	Very Strong	Down	Down	Flat	17.36%
Jan 29	F	Very Strong	Down	Down	Up	15.31%
Jan 26	D	Very Strong	Down	Down	Up	15.84%
Jan 25	D	Very Strong	Down	Down	Up	16.06%
Jan 24	F	Very Strong	Down	Down	Down	19.06%
Jan 23	F	Very Strong	Down	Down	Down	17.78%
Jan 22	F	Very Strong	Down	Down	Down	17.33%
Jan 19	F	Very Strong	Down	Down	Down	19.12%
Jan 18	F	Very Strong	Down	Down	Down	19.29%
Jan 17	F	Strong	Down	Down	Down	19.72%