Trend Table for AR3 - Australian Rare Earths Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	B	Weak or Absent	Up	Up	Up	-12.50%
Nov 6	B	Strong	Up	Up	Up	-10.91%
Nov 5	B	Strong	Up	Up	Up	-10.91%
Nov 4	B	Strong	Up	Up	Up	-21.60%
Nov 1	D	Strong	Down	Down	Down	7.69%
Oct 31	C	Strong	Down	Up	Down	-2.00%
Oct 30	C	Strong	Up	Up	Down	-6.67%
Oct 29	C	Strong	Up	Up	Down	-6.67%
Oct 28	C	Strong	Down	Up	Down	-2.00%
Oct 25	C	Strong	Down	Up	Down	-2.00%