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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 24	D	Weak or Absent	Down	Down	Down	14.19%
Jun 21	D	Weak or Absent	Down	Down	Down	15.80%
Jun 20	D	Weak or Absent	Down	Down	Down	15.35%
Jun 18	D	Weak or Absent	Down	Down	Down	17.78%
Jun 17	D	Weak or Absent	Down	Down	Down	13.85%
Jun 14	C	Weak or Absent	Down	Up	Flat	11.79%
Jun 13	C	Weak or Absent	Down	Up	Up	10.52%
Jun 12	C	Weak or Absent	Down	Up	Flat	11.55%
Jun 11	C	Weak or Absent	Down	Flat	Down	12.84%
Jun 10	C	Weak or Absent	Down	Flat	Down	12.66%