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
May 29	A	Strong	N/A	Up	Up	12.98%
May 28	B	Strong	N/A	Up	Up	4.26%
May 24	B	Strong	N/A	Up	Up	4.26%
May 22	B	Strong	N/A	Up	Up	29.81%
May 21	C	Strong	N/A	Up	Up	29.81%
May 20	D	Strong	N/A	Up	Up	29.81%
May 17	D	Strong	N/A	Up	Up	37.37%
May 16	D	Strong	N/A	Up	Up	37.37%
May 14	D	Weak or Absent	N/A	Up	Up	41.54%
May 13	F	Weak or Absent	N/A	Down	Up	69.84%