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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	D	Weak or Absent	Down	Flat	Down	62.85%
Dec 12	D	Weak or Absent	Down	Flat	Down	62.85%
Dec 9	D	Weak or Absent	Down	Down	Down	64.06%
Dec 8	C	Weak or Absent	Down	Up	Flat	60.50%
Dec 7	D	Weak or Absent	Down	Down	Down	63.37%
Dec 6	B	Weak or Absent	Down	Up	Up	59.92%
Dec 5	D	Weak or Absent	Down	Flat	Down	63.03%
Dec 2	C	Weak or Absent	Down	Up	Up	59.18%
Dec 1	D	Weak or Absent	Down	Up	Up	60.58%
Nov 30	D	Weak or Absent	Down	Up	Up	58.30%