Trend Table for AMSF - AMERISAFE, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	F	Strong	Down	Down	Up	27.38%
Dec 22	F	Strong	Down	Down	Up	26.90%
Dec 21	F	Strong	Down	Down	Down	28.91%
Dec 20	F	Strong	Down	Down	Down	29.19%
Dec 19	F	Strong	Down	Down	Down	28.83%
Dec 18	F	Strong	Down	Down	Down	29.08%
Dec 15	F	Strong	Down	Down	Down	32.20%
Dec 14	F	Strong	Down	Down	Down	28.09%
Dec 13	F	Strong	Down	Down	Flat	25.18%
Dec 12	F	Weak or Absent	Down	Down	Down	25.89%