Trend Table for OR - Osisko Gold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	A	Weak or Absent	Up	Up	Up	23.39%
May 31	A	Weak or Absent	Up	Up	Up	23.55%
May 30	A	Weak or Absent	Up	Up	Up	25.36%
May 29	B	Weak or Absent	Up	Up	Flat	26.88%
May 28	B	Weak or Absent	Up	Up	Flat	26.36%
May 27	C	Weak or Absent	Up	Up	Flat	27.33%
May 24	B	Weak or Absent	Up	Up	Down	27.68%
May 23	B	Weak or Absent	Up	Up	Down	28.02%
May 22	C	Weak or Absent	Up	Up	Down	27.85%
May 21	B	Weak or Absent	Up	Up	Up	24.75%