Trend Table for ELSA - Societatea Energetica Electrica S.A.

Current Trend Strength: Extremely Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 12	C	Extremely Strong	Up	Up	Flat	5.77%
Mar 8	C	Extremely Strong	Up	Up	Flat	5.77%
Mar 7	C	Extremely Strong	Up	Up	Up	5.77%
Mar 5	B	Very Strong	Up	Up	Up	4.76%
Feb 16	B	Very Strong	Up	Up	Up	5.77%
Feb 15	B	Very Strong	Up	Up	Up	5.77%
Jan 12	B	Very Strong	Up	Up	Up	6.80%
Jan 11	B	Very Strong	Up	Up	Up	6.80%
Jan 10	B	Very Strong	Up	Up	Up	6.80%
Jan 9	B	Very Strong	Up	Up	Up	6.80%