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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 20	C	Weak or Absent	Down	Up	Up	-3.43%
Sep 19	D	Weak or Absent	Down	Flat	Flat	-2.34%
Sep 18	F	Weak or Absent	Down	Down	Down	-1.24%
Sep 15	F	Weak or Absent	Down	Down	Down	-1.18%
Sep 14	F	Weak or Absent	Down	Down	Down	-1.69%
Sep 13	F	Weak or Absent	Down	Down	Down	-1.67%
Sep 12	F	Weak or Absent	Down	Down	Flat	-2.36%
Sep 11	F	Weak or Absent	Down	Flat	Flat	-2.64%
Sep 8	F	Weak or Absent	Down	Down	Flat	-2.25%
Sep 7	F	Weak or Absent	Down	Down	Flat	-2.27%