Trend Table for PPIH - Perma-Pipe International Holdings, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	D	Weak or Absent	Flat	Up	Up	78.70%
Jan 24	D	Weak or Absent	Down	Up	Down	89.16%
Jan 23	D	Weak or Absent	Down	Up	Down	94.55%
Jan 22	D	Weak or Absent	Down	Up	Down	90.45%
Jan 19	D	Weak or Absent	Down	Up	Down	85.16%
Jan 18	D	Weak or Absent	Down	Up	Down	89.04%
Jan 17	D	Weak or Absent	Down	Up	Down	84.94%
Jan 16	D	Weak or Absent	Down	Up	Down	83.83%
Jan 12	D	Weak or Absent	Down	Up	Flat	83.83%
Jan 11	D	Weak or Absent	Down	Up	Flat	83.61%