Trend Table for ARX - ARC Resources Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	B	Weak or Absent	Up	Up	Up	28.12%
Jan 23	B	Weak or Absent	Up	Up	Down	32.02%
Jan 22	C	Weak or Absent	Up	Down	Down	35.55%
Jan 19	C	Weak or Absent	Up	Flat	Down	33.37%
Jan 18	C	Weak or Absent	Up	Flat	Down	33.11%
Jan 17	C	Weak or Absent	Up	Flat	Down	32.59%
Jan 16	B	Weak or Absent	Up	Up	Up	29.82%
Jan 15	C	Weak or Absent	Up	Up	Up	21.90%
Jan 12	C	Weak or Absent	Up	Up	Up	25.42%
Jan 11	C	Weak or Absent	Up	Up	Up	29.27%