Trend Table for AMSF - AMERISAFE, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	C	Weak or Absent	Up	Up	Up	14.24%
Jan 26	C	Weak or Absent	Up	Up	Up	14.07%
Jan 25	C	Weak or Absent	Up	Up	Up	14.81%
Jan 24	C	Weak or Absent	Up	Flat	Up	15.72%
Jan 23	D	Weak or Absent	Up	Down	Up	17.59%
Jan 20	D	Weak or Absent	Up	Down	Flat	18.45%
Jan 19	D	Weak or Absent	Up	Down	Flat	19.48%
Jan 18	D	Weak or Absent	Up	Down	Flat	19.36%
Jan 17	D	Weak or Absent	Up	Down	Up	18.00%
Jan 13	D	Weak or Absent	Up	Down	Up	17.17%