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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 9	D	Weak or Absent	Down	Down	Flat	15.23%
Jul 8	D	Weak or Absent	Down	Down	Down	16.31%
Jul 5	D	Weak or Absent	Down	Down	Down	15.89%
Jul 3	D	Weak or Absent	Down	Down	Down	16.67%
Jul 2	D	Weak or Absent	Down	Down	Down	15.99%
Jul 1	D	Weak or Absent	Down	Down	Down	15.70%
Jun 28	D	Weak or Absent	Down	Down	Up	13.61%
Jun 27	D	Weak or Absent	Down	Down	Up	13.70%
Jun 26	D	Weak or Absent	Down	Down	Down	14.79%
Jun 25	D	Weak or Absent	Down	Down	Down	15.54%