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 6	A	Strong	Up	Up	Up	9.12%
Dec 5	A	Strong	Up	Up	Up	9.12%
Dec 4	B	Strong	Up	Up	Up	9.86%
Dec 1	A	Strong	Up	Up	Up	9.35%
Nov 30	A	Strong	Up	Up	Up	9.29%
Nov 29	C	Strong	Up	Up	Down	18.34%
Nov 28	C	Strong	Up	Up	Down	18.47%
Nov 27	B	Strong	Up	Up	Flat	16.99%
Nov 24	B	Strong	Up	Up	Up	15.92%
Nov 22	B	Strong	Up	Up	Up	17.21%