Trend Table for PNE - Pine Cliff Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	D	Weak or Absent	Down	Down	Flat	2.03%
Apr 25	D	Weak or Absent	Down	Down	Flat	2.03%
Apr 24	F	Weak or Absent	Down	Down	Down	4.14%
Apr 23	D	Strong	Down	Down	Flat	1.02%
Apr 22	F	Strong	Down	Down	Down	4.14%
Apr 19	F	Strong	Down	Down	Flat	2.03%
Apr 18	D	Strong	Down	Down	Up	1.02%
Apr 17	F	Strong	Down	Down	Down	3.08%
Apr 16	F	Strong	Down	Down	Down	3.08%
Apr 15	D	Strong	Down	Down	Up	0.01%