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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 1	F	Strong	Down	Down	Down	1.63%
Oct 31	F	Strong	Down	Down	Down	1.51%
Oct 30	C	Weak or Absent	Down	Down	Down	0.81%
Oct 27	B	Weak or Absent	Down	Down	Down	-0.10%
Oct 26	B	Weak or Absent	Down	Flat	Down	-2.00%
Oct 25	B	Weak or Absent	Down	Flat	Flat	-2.36%
Oct 24	A	Weak or Absent	Down	Flat	Flat	-2.60%
Oct 23	A	Weak or Absent	Down	Flat	Flat	-2.53%
Oct 20	B	Weak or Absent	Down	Up	Up	-3.23%
Oct 19	B	Weak or Absent	Down	Up	Up	-3.02%