Trend Table for NZO - New Zealand Oil & Gas Ltd

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	D	Weak or Absent	Down	Down	Down	4.11%
May 22	C	Weak or Absent	Up	Down	Down	1.33%
May 21	D	Weak or Absent	Up	Down	Down	0.00%
May 20	C	Weak or Absent	Up	Down	Down	0.00%
May 17	C	Weak or Absent	Up	Down	Down	-2.56%
May 16	C	Weak or Absent	Flat	Down	Down	1.33%
May 15	C	Weak or Absent	Up	Down	Down	-2.56%
May 14	C	Weak or Absent	Up	Down	Down	-1.30%
May 13	B	Weak or Absent	Up	Down	Down	-2.56%
May 10	C	Weak or Absent	Up	Down	Down	-2.56%