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 11	A	Weak or Absent	Up	Up	Up	16.72%
Jan 10	C	Weak or Absent	Down	Flat	Down	19.57%
Jan 9	C	Weak or Absent	Down	Up	Down	19.57%
Jan 6	B	Weak or Absent	Flat	Up	Flat	18.16%
Jan 5	A	Weak or Absent	Up	Up	Up	16.78%
Jan 4	A	Weak or Absent	Up	Up	Up	17.47%
Jan 3	A	Weak or Absent	Up	Up	Up	17.65%
Dec 30	A	Weak or Absent	Flat	Up	Up	18.03%
Dec 29	A	Weak or Absent	Up	Up	Up	15.92%
Dec 28	A	Weak or Absent	Flat	Up	Up	17.72%