Trend Table for SMT - Sierra Metals Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 26	B	Weak or Absent	Up	Up	Up	117.50%
Jul 25	C	Weak or Absent	Up	Down	Down	125.97%
Jul 24	C	Weak or Absent	Up	Down	Down	125.97%
Jul 21	C	Weak or Absent	Up	Down	Down	128.95%
Jul 20	C	Weak or Absent	Up	Flat	Down	123.08%
Jul 19	C	Weak or Absent	Up	Flat	Down	123.08%
Jul 18	B	Weak or Absent	Up	Up	Up	117.50%
Jul 17	B	Weak or Absent	Up	Up	Up	117.50%
Jul 14	B	Weak or Absent	Up	Up	Up	117.50%
Jul 13	B	Weak or Absent	Up	Flat	Down	123.08%