Trend Table for CNFRZ - Conifer Holdings, Inc. - 9.75% Senior Unsecured Notes due 2028

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	B	Weak or Absent	N/A	Up	Up	-0.45%
Oct 10	B	Weak or Absent	N/A	Up	Up	-0.45%
Oct 9	B	Strong	N/A	Up	Up	4.53%
Oct 8	C	Strong	N/A	Up	Down	8.09%
Oct 1	C	Strong	N/A	Up	Down	9.50%
Sep 23	D	Strong	N/A	Down	Down	17.81%
Sep 20	D	Strong	N/A	Down	Down	17.81%
Sep 19	C	Strong	N/A	Up	Up	-1.62%
Sep 18	C	Strong	N/A	Up	Down	8.42%
Sep 16	C	Strong	N/A	Up	Flat	3.06%