Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 29	D	Very Strong	Down	Down	Flat	24.61%
Sep 28	C	Very Strong	Down	Down	Flat	23.97%
Sep 27	D	Very Strong	Down	Down	Down	24.38%
Sep 26	D	Very Strong	Down	Down	Down	24.61%
Sep 25	D	Very Strong	Down	Down	Down	25.07%
Sep 22	D	Very Strong	Down	Down	Down	24.70%
Sep 21	D	Very Strong	Down	Down	Down	23.81%
Sep 20	D	Very Strong	Down	Down	Down	24.38%
Sep 19	D	Strong	Down	Down	Down	24.61%
Sep 18	D	Strong	Down	Down	Down	22.30%