Trend Table for SAND - Sandstorm Gold Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	C	Weak or Absent	Down	Down	Down	8.16%
May 15	B	Weak or Absent	Up	Flat	Down	2.14%
May 12	B	Weak or Absent	Up	Flat	Down	2.32%
May 11	B	Weak or Absent	Up	Up	Down	2.14%
May 10	B	Weak or Absent	Up	Up	Flat	-1.46%
May 9	B	Weak or Absent	Up	Up	Up	-2.28%
May 8	B	Weak or Absent	Up	Up	Up	-4.66%
May 5	B	Weak or Absent	Up	Up	Up	-4.03%
May 4	A	Weak or Absent	Up	Up	Up	-3.88%
May 3	A	Weak or Absent	Up	Up	Up	-2.76%