Trend Table for NIC - NICKEL MINES LIMITED

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 16	F	Weak or Absent	Down	Down	Down	52.63%
Jan 15	F	Weak or Absent	Down	Down	Down	49.04%
Jan 12	D	Weak or Absent	Down	Down	Down	45.62%
Jan 11	F	Weak or Absent	Down	Down	Down	47.91%
Jan 10	F	Weak or Absent	Down	Down	Down	49.04%
Jan 9	F	Weak or Absent	Down	Down	Down	44.54%
Jan 8	F	Weak or Absent	Down	Down	Down	43.43%
Jan 5	F	Weak or Absent	Down	Down	Down	44.54%
Jan 4	F	Weak or Absent	Down	Down	Flat	39.26%
Jan 3	F	Weak or Absent	Down	Down	Up	37.25%