Trend Table for PNE - Pine Cliff Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 25	B	Weak or Absent	Down	Up	Flat	-37.71%
May 24	B	Weak or Absent	Down	Up	Up	-42.80%
May 23	B	Weak or Absent	Down	Up	Up	-42.41%
May 19	B	Weak or Absent	Down	Up	Up	-40.79%
May 18	C	Weak or Absent	Down	Up	Up	-37.25%
May 17	C	Weak or Absent	Down	Up	Up	-35.81%
May 16	C	Weak or Absent	Down	Flat	Up	-35.32%
May 15	C	Weak or Absent	Down	Flat	Up	-35.32%
May 12	D	Weak or Absent	Down	Down	Up	-34.82%
May 11	D	Weak or Absent	Down	Down	Down	-33.27%