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
Nov 7	A	Weak or Absent	Up	Up	Up	19.23%
Nov 6	A	Weak or Absent	Up	Up	Up	17.35%
Nov 3	A	Weak or Absent	Up	Up	Up	16.59%
Nov 2	A	Weak or Absent	Up	Up	Up	17.35%
Nov 1	A	Weak or Absent	Up	Up	Up	18.97%
Oct 31	A	Weak or Absent	Up	Up	Up	19.76%
Oct 30	B	Weak or Absent	Up	Down	Down	23.21%
Oct 27	B	Weak or Absent	Up	Down	Down	22.75%
Oct 26	A	Weak or Absent	Up	Down	Down	23.81%
Oct 25	A	Weak or Absent	Up	Up	Up	20.36%