Trend Table for OR - Osisko Gold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	C	Weak or Absent	Up	Flat	Flat	41.84%
Feb 22	D	Weak or Absent	Down	Down	Down	46.73%
Feb 21	D	Weak or Absent	Down	Down	Down	45.48%
Feb 20	C	Weak or Absent	Up	Down	Down	42.80%
Feb 16	C	Weak or Absent	Up	Down	Down	42.58%
Feb 15	C	Weak or Absent	Up	Down	Down	42.58%
Feb 14	C	Weak or Absent	Flat	Down	Down	42.88%
Feb 13	B	Weak or Absent	Up	Flat	Down	41.17%
Feb 12	B	Weak or Absent	Up	Up	Up	35.89%
Feb 9	B	Weak or Absent	Up	Up	Down	38.16%