Trend Table for MHNC - Maiden Holdings North America, Ltd. 7.75% Notes due 2043

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 19	D	Strong	Up	Down	Down	16.84%
Jan 18	D	Strong	Up	Down	Down	16.90%
Jan 17	C	Strong	Up	Up	Down	12.79%
Jan 16	C	Strong	Up	Up	Flat	12.55%
Jan 12	B	Strong	Up	Up	Flat	11.45%
Jan 11	B	Strong	Up	Up	Up	9.23%
Jan 10	B	Strong	Up	Up	Flat	11.30%
Jan 9	C	Strong	Up	Flat	Down	14.00%
Jan 8	C	Strong	Up	Up	Down	13.26%
Jan 5	C	Strong	Up	Up	Down	12.37%