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 30	F	Strong	Down	Down	Down	1.64%
Jul 29	F	Strong	Down	Down	Down	0.53%
Jul 26	F	Strong	Down	Down	Down	1.64%
Jul 25	F	Strong	Down	Down	Down	0.53%
Jul 24	F	Strong	Down	Down	Down	2.79%
Jul 23	F	Strong	Down	Down	Down	-1.63%
Jul 22	F	Weak or Absent	Down	Down	Down	-0.57%
Jul 19	F	Weak or Absent	Down	Down	Down	-1.63%
Jul 18	F	Weak or Absent	Down	Down	Down	0.53%
Jul 17	F	Weak or Absent	Down	Down	Down	-3.70%