Trend Table for OR - Osisko Gold Royalties Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Weak or Absent	Flat	Up	Down	42.06%
Jan 24	B	Weak or Absent	Up	Up	Up	40.30%
Jan 23	B	Weak or Absent	Up	Up	Up	39.65%
Jan 22	B	Weak or Absent	Flat	Up	Up	41.76%
Jan 19	C	Weak or Absent	Down	Up	Flat	42.80%
Jan 18	C	Weak or Absent	Flat	Up	Up	42.21%
Jan 17	C	Weak or Absent	Flat	Up	Up	42.06%
Jan 16	B	Weak or Absent	Up	Up	Up	38.45%
Jan 15	B	Weak or Absent	Up	Up	Up	37.95%
Jan 12	B	Weak or Absent	Up	Up	Up	39.94%