Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 8	F	Weak or Absent	Down	Down	Down	36.41%
Feb 7	F	Weak or Absent	Down	Down	Down	36.14%
Feb 6	F	Weak or Absent	Down	Down	Down	33.88%
Feb 5	F	Weak or Absent	Down	Down	Down	34.67%
Feb 2	F	Weak or Absent	Down	Down	Flat	32.96%
Feb 1	D	Weak or Absent	Down	Down	Up	31.42%
Jan 31	F	Weak or Absent	Down	Down	Flat	33.82%
Jan 30	F	Weak or Absent	Down	Down	Up	31.60%
Jan 29	F	Weak or Absent	Down	Down	Up	31.85%
Jan 26	D	Weak or Absent	Down	Flat	Up	31.09%