Trend Table for SMT - Sierra Metals Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	A	Strong	Up	Up	Up	26.15%
Nov 7	A	Weak or Absent	Up	Up	Up	36.67%
Nov 6	A	Weak or Absent	Up	Up	Up	54.72%
Nov 3	A	Weak or Absent	Up	Up	Up	86.36%
Nov 2	B	Weak or Absent	Down	Up	Up	105.00%
Nov 1	A	Weak or Absent	Down	Up	Up	105.00%
Oct 31	B	Weak or Absent	Down	Up	Up	107.59%
Oct 30	B	Weak or Absent	Down	Up	Up	105.00%
Oct 27	B	Weak or Absent	Flat	Up	Up	105.00%
Oct 26	B	Weak or Absent	Flat	Up	Up	105.00%