Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 13	D	Very Strong	Down	Down	Down	40.69%
Oct 12	D	Very Strong	Down	Down	Down	40.94%
Oct 11	D	Strong	Down	Down	Down	35.51%
Oct 10	D	Strong	Down	Down	Down	31.10%
Oct 9	D	Strong	Down	Down	Down	33.60%
Oct 6	D	Strong	Down	Down	Down	30.63%
Oct 5	D	Strong	Down	Down	Down	32.70%
Oct 4	D	Strong	Down	Down	Down	26.10%
Oct 3	D	Strong	Down	Down	Down	27.17%
Oct 2	D	Very Strong	Down	Down	Flat	24.61%