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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	C	Weak or Absent	Down	Up	Up	9.89%
May 8	C	Weak or Absent	Down	Up	Up	10.58%
May 7	C	Weak or Absent	Down	Up	Up	9.29%
May 6	C	Weak or Absent	Down	Up	Up	9.83%
May 3	C	Weak or Absent	Down	Up	Up	11.14%
May 2	C	Weak or Absent	Down	Up	Up	11.35%
May 1	C	Weak or Absent	Down	Up	Up	12.30%
Apr 30	C	Weak or Absent	Down	Up	Up	13.30%
Apr 29	D	Weak or Absent	Down	Up	Up	13.30%
Apr 26	D	Weak or Absent	Down	Down	Up	15.61%