Trend Table for MHLD - Maiden Holdings, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 1	F	Weak or Absent	Down	Down	Down	0.00%
Oct 31	F	Weak or Absent	Down	Down	Down	0.97%
Oct 30	F	Weak or Absent	Down	Down	Down	-2.50%
Oct 29	D	Weak or Absent	Down	Down	Down	-5.45%
Oct 28	D	Weak or Absent	Down	Down	Down	-4.88%
Oct 25	D	Weak or Absent	Down	Down	Down	-2.50%
Oct 24	D	Weak or Absent	Down	Down	Down	-6.59%
Oct 23	D	Weak or Absent	Down	Down	Down	-6.59%
Oct 22	D	Weak or Absent	Down	Flat	Down	-8.77%
Oct 21	D	Weak or Absent	Down	Flat	Down	-9.30%