Trend Table for AR3 - Australian Rare Earths Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	C	Strong	Up	Up	Down	-4.35%
Oct 23	C	Strong	Up	Up	Down	-8.33%
Oct 22	C	Strong	Up	Up	Down	-15.38%
Oct 21	C	Strong	Up	Up	Down	-18.52%
Oct 18	C	Strong	Up	Up	Down	-21.43%
Oct 17	C	Strong	Up	Up	Down	-24.14%
Oct 16	B	Strong	Up	Up	Up	-26.67%
Oct 15	C	Strong	Up	Up	Down	-21.43%
Oct 14	C	Strong	Up	Up	Down	-24.14%
Oct 11	B	Strong	Up	Up	Flat	-26.67%