Trend Table for NIC - NICKEL MINES LIMITED

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 22	C	Strong	Up	Down	Down	14.70%
Jul 19	D	Strong	Up	Down	Down	14.70%
Jul 18	C	Strong	Up	Down	Flat	11.25%
Jul 17	C	Strong	Up	Down	Up	9.92%
Jul 16	C	Strong	Up	Down	Up	9.27%
Jul 15	C	Strong	Up	Down	Up	7.37%
Jul 12	C	Strong	Up	Down	Up	11.25%
Jul 11	C	Very Strong	Up	Down	Up	11.92%
Jul 10	C	Very Strong	Up	Down	Flat	13.98%
Jul 9	C	Very Strong	Up	Down	Up	11.25%