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 4	C	Strong	Up	Up	Down	13.15%
Jan 3	C	Strong	Up	Up	Flat	11.42%
Jan 2	C	Strong	Up	Up	Down	12.19%
Dec 29	C	Strong	Up	Up	Flat	11.30%
Dec 28	C	Strong	Up	Up	Up	10.14%
Dec 27	C	Strong	Up	Up	Up	9.29%
Dec 26	C	Strong	Up	Up	Up	9.97%
Dec 22	D	Strong	Up	Up	Down	12.54%
Dec 21	D	Strong	Up	Up	Down	11.01%
Dec 20	C	Strong	Up	Up	Down	11.42%