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
Jul 20	C	Weak or Absent	Flat	Up	Up	17.60%
Jul 19	C	Weak or Absent	Up	Up	Up	17.01%
Jul 18	D	Weak or Absent	Flat	Up	Flat	18.15%
Jul 17	D	Weak or Absent	Down	Up	Down	19.89%
Jul 14	C	Weak or Absent	Up	Up	Up	17.33%
Jul 13	C	Weak or Absent	Flat	Up	Up	17.60%
Jul 12	D	Weak or Absent	Flat	Up	Flat	18.15%
Jul 11	D	Weak or Absent	Down	Up	Down	19.54%
Jul 10	D	Weak or Absent	Down	Up	Flat	19.05%
Jul 7	C	Weak or Absent	Down	Up	Down	21.03%