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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 26	C	Weak or Absent	Up	Down	Flat	36.19%
May 25	B	Weak or Absent	Up	Flat	Up	33.90%
May 24	C	Weak or Absent	Up	Down	Flat	35.67%
May 23	B	Weak or Absent	Up	Flat	Up	34.26%
May 22	D	Weak or Absent	Up	Down	Down	36.78%
May 19	D	Weak or Absent	Up	Down	Down	38.83%
May 18	C	Weak or Absent	Up	Down	Down	39.38%
May 17	C	Weak or Absent	Up	Down	Down	37.24%
May 16	C	Weak or Absent	Up	Flat	Down	35.16%
May 15	B	Weak or Absent	Up	Up	Down	34.27%