Trend Table for NIC - NICKEL MINES LIMITED

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	B	Strong	Up	Up	Down	-6.17%
May 23	B	Strong	Up	Up	Down	-5.69%
May 22	A	Strong	Up	Up	Up	-10.23%
May 21	A	Strong	Up	Up	Up	-12.33%
May 20	A	Strong	Up	Up	Up	-12.75%
May 17	A	Strong	Up	Up	Up	-8.47%
May 16	A	Strong	Up	Up	Up	-5.69%
May 15	A	Strong	Up	Up	Flat	-4.73%
May 14	A	Strong	Up	Up	Flat	-4.24%
May 13	A	Strong	Up	Up	Up	-4.73%