Trend Table for BWBBP - Bridgewater Bancshares, Inc. - Depositary Shares, Each Representing a 1/100th Interest in a Share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series A

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	C	Strong	Up	Up	Up	13.99%
Dec 18	D	Strong	Up	Up	Flat	15.90%
Dec 15	C	Weak or Absent	Up	Up	Flat	15.23%
Dec 14	C	Weak or Absent	Up	Up	Up	12.97%
Dec 13	C	Weak or Absent	Up	Up	Flat	15.90%
Dec 12	C	Weak or Absent	Up	Up	Up	15.81%
Dec 11	C	Weak or Absent	Up	Up	Up	15.80%
Dec 8	C	Weak or Absent	Up	Up	Up	15.56%
Dec 7	C	Weak or Absent	Up	Up	Up	15.23%
Dec 6	B	Weak or Absent	Up	Up	Up	16.30%