Trend Table for PNE - Pine Cliff Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	F	Strong	Down	Down	Down	-34.78%
Jan 30	F	Strong	Down	Down	Down	-33.76%
Jan 27	F	Strong	Down	Down	Down	-38.09%
Jan 26	F	Strong	Down	Down	Down	-38.54%
Jan 25	F	Weak or Absent	Down	Down	Down	-37.64%
Jan 24	F	Weak or Absent	Down	Down	Down	-40.25%
Jan 23	F	Weak or Absent	Down	Down	Down	-40.67%
Jan 20	F	Weak or Absent	Down	Down	Down	-41.87%
Jan 19	F	Weak or Absent	Down	Down	Down	-40.67%
Jan 18	F	Weak or Absent	Down	Down	Down	-42.66%