Trend Table for AMSF - AMERISAFE, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	F	Weak or Absent	Down	Down	Down	30.88%
May 17	F	Weak or Absent	Down	Down	Down	28.65%
May 16	F	Weak or Absent	Down	Down	Down	28.49%
May 15	F	Weak or Absent	Down	Down	Down	28.04%
May 14	F	Weak or Absent	Down	Down	Down	28.24%
May 13	F	Weak or Absent	Down	Down	Down	28.02%
May 10	D	Weak or Absent	Down	Down	Flat	27.28%
May 9	D	Strong	Down	Down	Up	25.78%
May 8	D	Strong	Down	Down	Up	25.62%
May 7	D	Strong	Down	Down	Up	25.30%