Trend Table for BIPI - BIP Bermuda Holdings I Limited 5.125% Perpetual Subordinated Notes

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	B	Strong	Up	Up	Up	7.58%
Feb 22	B	Weak or Absent	Up	Up	Up	9.15%
Feb 21	B	Weak or Absent	Up	Up	Flat	11.15%
Feb 20	C	Weak or Absent	Up	Flat	Down	12.44%
Feb 16	C	Strong	Up	Flat	Down	13.49%
Feb 15	C	Strong	Up	Flat	Down	13.49%
Feb 14	C	Strong	Up	Down	Down	14.83%
Feb 13	C	Strong	Up	Down	Down	14.36%
Feb 12	C	Strong	Up	Up	Down	10.52%
Feb 9	B	Strong	Up	Up	Flat	9.15%