Trend Table for NIC - NICKEL MINES LIMITED

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 14	F	Weak or Absent	Down	Down	Down	42.38%
Dec 13	F	Weak or Absent	Down	Down	Down	42.38%
Dec 12	F	Weak or Absent	Down	Down	Down	40.28%
Dec 11	F	Weak or Absent	Down	Down	Down	37.25%
Dec 8	D	Weak or Absent	Down	Down	Up	33.40%
Dec 7	D	Weak or Absent	Down	Down	Flat	34.36%
Dec 6	F	Weak or Absent	Down	Down	Down	35.30%
Dec 5	F	Weak or Absent	Down	Down	Down	40.28%
Dec 4	F	Weak or Absent	Down	Down	Down	34.36%
Dec 1	F	Weak or Absent	Down	Down	Down	34.36%