Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	D	Strong	Down	Up	Down	22.45%
Dec 22	D	Strong	Down	Up	Down	21.99%
Dec 21	D	Strong	Down	Up	Flat	22.07%
Dec 20	D	Strong	Down	Up	Up	22.65%
Dec 19	D	Strong	Down	Up	Up	21.15%
Dec 18	D	Strong	Down	Up	Up	21.98%
Dec 15	D	Strong	Down	Up	Up	20.55%
Dec 14	C	Strong	Up	Up	Up	15.68%
Dec 13	C	Strong	Up	Up	Up	15.06%
Dec 12	D	Weak or Absent	Down	Up	Up	20.73%