Trend Table for OR - Osisko Gold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 16	B	Weak or Absent	Up	Up	Up	15.36%
Jul 15	A	Weak or Absent	Up	Up	Up	17.87%
Jul 12	B	Weak or Absent	Up	Up	Up	20.13%
Jul 11	C	Weak or Absent	Up	Up	Up	23.49%
Jul 10	C	Weak or Absent	Up	Down	Up	28.98%
Jul 9	C	Weak or Absent	Up	Down	Up	29.69%
Jul 8	C	Weak or Absent	Up	Down	Up	28.21%
Jul 5	C	Weak or Absent	Up	Flat	Up	27.00%
Jul 4	C	Weak or Absent	Up	Down	Up	28.57%
Jul 3	C	Weak or Absent	Up	Down	Flat	29.93%