Trend Table for IR1 - IRIS Metals Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Strong	Down	Down	Down	5.00%
May 7	F	Strong	Down	Down	Down	5.00%
May 6	F	Strong	Down	Down	Down	-3.08%
May 3	F	Strong	Down	Down	Down	3.28%
May 2	F	Strong	Down	Down	Down	-7.35%
May 1	F	Strong	Down	Down	Down	-11.27%
Apr 30	F	Weak or Absent	Down	Down	Down	-12.50%
Apr 29	F	Weak or Absent	Down	Down	Down	-10.00%
Apr 26	F	Weak or Absent	Down	Down	Down	-11.27%
Apr 24	F	Weak or Absent	Down	Down	Down	-8.70%