Trend Table for BH.A - Biglari Holdings Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 24	C	Weak or Absent	Up	Up	Flat	4.52%
Jul 21	C	Weak or Absent	Up	Up	Down	5.16%
Jul 20	C	Weak or Absent	Up	Up	Down	5.53%
Jul 19	C	Weak or Absent	Up	Up	Flat	5.15%
Jul 18	C	Weak or Absent	Up	Up	Flat	5.16%
Jul 17	B	Weak or Absent	Up	Up	Flat	4.63%
Jul 14	B	Weak or Absent	Up	Up	Up	2.79%
Jul 13	B	Weak or Absent	Up	Up	Up	2.79%
Jul 12	B	Weak or Absent	Up	Up	Up	3.71%
Jul 11	B	Weak or Absent	Up	Up	Up	3.76%