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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 11	C	Weak or Absent	Flat	Down	Down	-8.77%
May 10	C	Weak or Absent	Up	Down	Flat	-9.17%
May 9	B	Weak or Absent	Up	Down	Flat	-9.42%
May 8	B	Weak or Absent	Up	Flat	Flat	-9.88%
May 5	B	Weak or Absent	Up	Flat	Flat	-9.87%
May 4	C	Weak or Absent	Up	Down	Down	-8.79%
May 3	C	Weak or Absent	Up	Down	Down	-9.15%
May 2	C	Weak or Absent	Up	Down	Down	-9.23%
May 1	C	Weak or Absent	Up	Down	Down	-9.19%
Apr 28	C	Weak or Absent	Up	Down	Down	-9.38%