Trend Table for PNE - Pine Cliff Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 26	B	Weak or Absent	Up	Up	Up	-35.83%
Jul 25	B	Weak or Absent	Up	Up	Flat	-35.42%
Jul 24	B	Weak or Absent	Up	Up	Flat	-35.42%
Jul 21	B	Weak or Absent	Up	Up	Down	-34.57%
Jul 20	B	Weak or Absent	Up	Up	Up	-35.42%
Jul 19	B	Strong	Up	Up	Up	-35.83%
Jul 18	B	Strong	Up	Up	Up	-35.83%
Jul 17	B	Strong	Up	Up	Flat	-33.25%
Jul 14	B	Strong	Up	Up	Down	-32.34%
Jul 13	B	Strong	Up	Up	Up	-37.05%