Trend Table for CJ - Cardinal Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	C	Weak or Absent	Flat	Up	Up	1.91%
Nov 19	C	Weak or Absent	Flat	Up	Up	2.70%
Nov 18	C	Weak or Absent	Down	Up	Up	3.33%
Nov 15	C	Weak or Absent	Down	Up	Up	3.65%
Nov 14	C	Weak or Absent	Down	Up	Up	3.33%
Nov 13	D	Weak or Absent	Down	Down	Down	5.63%
Nov 12	D	Weak or Absent	Down	Down	Down	6.47%
Nov 11	D	Weak or Absent	Down	Down	Down	6.98%
Nov 8	D	Weak or Absent	Down	Down	Down	6.47%
Nov 7	C	Weak or Absent	Down	Flat	Flat	3.82%