Trend Table for BWBBP - Bridgewater Bancshares, Inc. - Depositary Shares, Each Representing a 1/100th Interest in a Share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series A

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Strong	Down	Up	Up	1.61%
Jan 24	D	Weak or Absent	Down	Up	Down	7.50%
Jan 23	D	Weak or Absent	Down	Up	Down	6.87%
Jan 20	D	Weak or Absent	Down	Up	Flat	6.88%
Jan 19	C	Strong	Down	Up	Up	4.97%
Jan 18	C	Weak or Absent	Down	Up	Up	5.02%
Jan 17	C	Weak or Absent	Down	Up	Up	5.02%
Jan 13	C	Weak or Absent	Down	Up	Up	4.18%
Jan 12	C	Weak or Absent	Down	Up	Up	3.75%
Jan 11	C	Weak or Absent	Down	Up	Flat	7.92%