Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	D	Weak or Absent	Down	Up	Up	27.22%
Dec 8	D	Weak or Absent	Down	Up	Up	34.36%
Dec 7	D	Weak or Absent	Down	Up	Up	33.67%
Dec 6	F	Weak or Absent	Down	Down	Up	36.66%
Dec 5	F	Weak or Absent	Down	Down	Up	36.59%
Dec 4	F	Weak or Absent	Down	Down	Up	36.66%
Nov 30	F	Weak or Absent	Down	Down	Flat	39.08%
Nov 29	F	Weak or Absent	Down	Down	Down	40.90%
Nov 28	F	Weak or Absent	Down	Down	Down	39.75%
Nov 27	D	Weak or Absent	Down	Down	Up	35.90%