Trend Table for MHLD - Maiden Holdings, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	A	Weak or Absent	Up	Up	Up	-21.10%
Apr 19	A	Weak or Absent	Up	Up	Up	-17.70%
Apr 18	A	Weak or Absent	Up	Up	Down	-11.79%
Apr 17	A	Weak or Absent	Up	Up	Down	-14.43%
Apr 16	B	Strong	Up	Up	Down	-15.27%
Apr 15	B	Strong	Up	Up	Flat	-18.48%
Apr 12	B	Strong	Up	Up	Down	-18.48%
Apr 11	C	Strong	Up	Up	Down	-11.79%
Apr 10	C	Strong	Up	Up	Down	-16.91%
Apr 9	B	Strong	Up	Up	Up	-21.10%