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 22	F	Weak or Absent	Down	Down	Down	9.81%
Jul 19	F	Weak or Absent	Down	Down	Down	8.64%
Jul 18	F	Weak or Absent	Down	Down	Down	11.03%
Jul 17	F	Weak or Absent	Down	Down	Down	6.35%
Jul 16	F	Weak or Absent	Down	Down	Flat	4.16%
Jul 15	F	Weak or Absent	Down	Down	Down	5.25%
Jul 12	F	Weak or Absent	Down	Down	Down	4.70%
Jul 11	F	Weak or Absent	Down	Down	Down	4.70%
Jul 10	F	Weak or Absent	Down	Down	Down	4.70%
Jul 9	F	Weak or Absent	Down	Down	Down	6.90%