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
Dec 19	D	Strong	Up	Up	Down	12.66%
Dec 18	C	Strong	Up	Up	Down	12.90%
Dec 15	C	Strong	Up	Up	Down	11.95%
Dec 14	C	Strong	Up	Up	Up	7.95%
Dec 13	A	Strong	Up	Up	Up	6.59%
Dec 12	C	Strong	Up	Up	Flat	10.72%
Dec 11	A	Strong	Up	Up	Up	9.06%
Dec 8	A	Strong	Up	Up	Up	9.23%
Dec 7	A	Strong	Up	Up	Up	8.95%
Dec 6	A	Strong	Up	Up	Up	9.80%