Trend Table for PNE - Pine Cliff Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 18	D	Weak or Absent	Down	Down	Down	-25.77%
Dec 15	D	Weak or Absent	Down	Down	Down	-26.86%
Dec 14	D	Weak or Absent	Flat	Down	Flat	-28.96%
Dec 13	D	Weak or Absent	Down	Down	Down	-28.44%
Dec 12	D	Weak or Absent	Down	Down	Down	-27.40%
Dec 11	D	Weak or Absent	Down	Down	Down	-26.32%
Dec 8	D	Weak or Absent	Flat	Down	Down	-28.96%
Dec 7	D	Weak or Absent	Flat	Down	Down	-28.96%
Dec 6	D	Weak or Absent	Down	Down	Down	-27.93%
Dec 5	D	Weak or Absent	Up	Down	Flat	-30.45%