Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 22	D	Weak or Absent	Down	Down	Down	20.13%
Sep 21	D	Weak or Absent	Down	Down	Down	19.89%
Sep 20	D	Weak or Absent	Down	Down	Down	16.60%
Sep 19	D	Weak or Absent	Down	Down	Down	17.76%
Sep 18	D	Weak or Absent	Down	Down	Flat	15.47%
Sep 15	C	Weak or Absent	Down	Down	Flat	14.36%
Sep 14	D	Weak or Absent	Down	Down	Down	14.58%
Sep 13	D	Weak or Absent	Down	Down	Down	15.25%
Sep 12	D	Weak or Absent	Down	Down	Down	15.47%
Sep 11	D	Weak or Absent	Down	Down	Down	15.03%