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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 16	F	Strong	Down	Down	Down	17.59%
Jan 12	F	Strong	Down	Down	Down	15.41%
Jan 11	F	Strong	Down	Down	Down	13.09%
Jan 10	F	Strong	Down	Down	Down	11.59%
Jan 9	F	Strong	Down	Down	Down	10.33%
Jan 8	F	Strong	Down	Down	Down	9.35%
Jan 5	F	Strong	Down	Down	Down	9.46%
Jan 4	F	Strong	Down	Down	Down	9.74%
Jan 3	F	Strong	Down	Down	Down	8.87%
Jan 2	F	Weak or Absent	Down	Down	Down	9.68%