Trend Table for SMT - Sierra Metals Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 10	C	Weak or Absent	Down	Down	Up	115.79%
Oct 6	D	Weak or Absent	Down	Down	Down	134.29%
Oct 5	D	Weak or Absent	Down	Down	Down	121.62%
Oct 4	C	Weak or Absent	Down	Flat	Up	112.99%
Oct 3	D	Weak or Absent	Down	Down	Down	121.62%
Oct 2	B	Weak or Absent	Down	Down	Down	115.79%
Sep 29	A	Strong	Up	Up	Up	105.00%
Sep 28	B	Strong	Down	Down	Down	115.79%
Sep 27	B	Strong	Down	Down	Down	118.67%
Sep 26	B	Weak or Absent	Down	Down	Down	115.79%