Trend Table for NIC - NICKEL MINES LIMITED

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 2	D	Weak or Absent	Down	Down	Up	34.36%
Dec 29	F	Weak or Absent	Down	Down	Up	37.25%
Dec 28	F	Weak or Absent	Down	Down	Down	42.38%
Dec 27	F	Weak or Absent	Down	Down	Down	42.38%
Dec 22	F	Weak or Absent	Down	Down	Down	42.38%
Dec 21	F	Weak or Absent	Down	Down	Down	42.38%
Dec 20	F	Weak or Absent	Down	Down	Down	41.30%
Dec 19	F	Weak or Absent	Down	Down	Down	40.28%
Dec 18	F	Weak or Absent	Down	Down	Down	40.28%
Dec 15	F	Weak or Absent	Down	Down	Down	40.28%