Trend Table for CNFRZ - Conifer Holdings, Inc. - 9.75% Senior Unsecured Notes due 2028

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	C	Strong	N/A	Up	Up	18.55%
May 20	D	Strong	N/A	Up	Up	18.55%
May 17	D	Strong	N/A	Up	Up	25.46%
May 16	D	Strong	N/A	Up	Up	25.46%
May 14	D	Weak or Absent	N/A	Up	Up	29.26%
May 13	F	Weak or Absent	N/A	Down	Up	55.11%
May 10	F	Strong	N/A	Down	Up	55.11%
May 9	F	Strong	N/A	Down	Up	55.11%
May 7	F	Strong	N/A	Down	Down	85.45%
May 2	F	Strong	N/A	Down	Down	85.45%