Trend Table for PE1 - PENGANA PRIVATE EQUITY TRUST

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	A	Strong	Up	Up	Up	-0.33%
Apr 24	A	Strong	Up	Up	Up	-0.66%
Apr 23	A	Strong	Up	Up	Up	-0.66%
Apr 22	A	Strong	Up	Up	Up	-0.66%
Apr 19	A	Strong	Up	Up	Up	3.42%
Apr 18	A	Strong	Up	Up	Up	2.72%
Apr 17	A	Strong	Up	Up	Up	2.72%
Apr 16	B	Strong	Flat	Up	Flat	6.71%
Apr 15	A	Strong	Up	Up	Up	4.86%
Apr 12	C	Strong	Flat	Up	Flat	6.71%