Trend Table for AMSF - AMERISAFE, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 9	D	Weak or Absent	Down	Down	Down	20.12%
Nov 8	D	Weak or Absent	Down	Down	Flat	19.20%
Nov 7	D	Weak or Absent	Down	Down	Flat	18.68%
Nov 6	C	Weak or Absent	Down	Flat	Flat	17.90%
Nov 3	C	Weak or Absent	Down	Flat	Up	17.23%
Nov 2	C	Weak or Absent	Down	Down	Down	18.48%
Nov 1	B	Weak or Absent	Down	Down	Down	19.29%
Oct 31	B	Weak or Absent	Down	Down	Down	18.64%
Oct 30	B	Weak or Absent	Down	Down	Down	19.08%
Oct 27	B	Weak or Absent	Down	Down	Down	20.41%