Trend Table for AR3 - Australian Rare Earths Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	D	Strong	Down	Down	Up	71.88%
Sep 11	D	Strong	Down	Down	Flat	71.88%
Sep 10	F	Strong	Down	Down	Down	80.33%
Sep 9	F	Strong	Down	Down	Down	83.33%
Sep 6	F	Strong	Down	Down	Down	80.33%
Sep 5	F	Strong	Down	Down	Down	74.60%
Sep 4	F	Strong	Down	Down	Down	74.60%
Sep 3	F	Strong	Down	Down	Down	69.23%
Sep 2	F	Strong	Down	Down	Down	69.23%
Aug 30	F	Strong	Down	Down	Flat	59.42%