Trend Table for MHLA - Maiden Holdings, Ltd. 6.625% Notes due 2046

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	B	Strong	Up	Up	Up	6.36%
Dec 8	B	Strong	Up	Up	Up	4.66%
Dec 7	B	Strong	Up	Up	Up	5.38%
Dec 6	B	Strong	Up	Up	Up	5.87%
Dec 5	B	Weak or Absent	Up	Up	Up	8.22%
Dec 4	B	Weak or Absent	Up	Up	Up	6.30%
Nov 30	B	Weak or Absent	Up	Up	Up	8.76%
Nov 29	D	Weak or Absent	Down	Flat	Up	20.97%
Nov 28	D	Weak or Absent	Down	Flat	Up	22.05%
Nov 22	F	Weak or Absent	Down	Down	Flat	23.82%