Trend Table for BH - Biglari Holdings Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	C	Weak or Absent	Up	Up	Up	2.82%
Jul 30	B	Weak or Absent	Up	Up	Up	3.52%
Jul 29	B	Weak or Absent	Up	Up	Flat	4.40%
Jul 26	B	Weak or Absent	Up	Up	Up	3.74%
Jul 25	B	Weak or Absent	Up	Up	Up	4.33%
Jul 24	C	Weak or Absent	Up	Up	Flat	5.73%
Jul 23	B	Weak or Absent	Up	Up	Up	4.38%
Jul 22	D	Weak or Absent	Up	Up	Up	5.47%
Jul 19	C	Weak or Absent	Up	Flat	Up	5.97%
Jul 18	C	Weak or Absent	Up	Up	Up	5.10%