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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	B	Weak or Absent	Up	Up	Down	43.65%
May 5	B	Weak or Absent	Up	Up	Up	39.45%
May 4	A	Weak or Absent	Up	Up	Up	38.94%
May 3	B	Weak or Absent	Up	Up	Down	42.84%
May 2	B	Weak or Absent	Up	Up	Down	42.05%
May 1	B	Weak or Absent	Up	Up	Flat	40.22%
Apr 28	B	Weak or Absent	Up	Up	Flat	39.71%
Apr 27	B	Weak or Absent	Up	Up	Down	40.87%
Apr 26	B	Weak or Absent	Up	Up	Down	41.20%
Apr 25	B	Weak or Absent	Up	Up	Down	40.61%