Trend Table for FRU - Freehold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	F	Weak or Absent	Down	Down	Flat	7.77%
May 16	F	Weak or Absent	Down	Down	Down	8.48%
May 15	D	Weak or Absent	Down	Down	Down	8.88%
May 14	D	Weak or Absent	Down	Down	Down	7.93%
May 13	D	Weak or Absent	Down	Down	Down	7.46%
May 10	D	Weak or Absent	Down	Down	Down	8.64%
May 9	D	Weak or Absent	Down	Down	Down	7.53%
May 8	D	Weak or Absent	Up	Down	Down	5.77%
May 7	D	Weak or Absent	Up	Down	Down	5.47%
May 6	D	Weak or Absent	Up	Flat	Flat	4.80%