Trend Table for MHLD - Maiden Holdings, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	F	Weak or Absent	Down	Down	Down	4.91%
Sep 11	F	Weak or Absent	Down	Down	Down	6.88%
Sep 10	F	Weak or Absent	Down	Down	Down	10.32%
Sep 9	F	Weak or Absent	Down	Down	Down	11.04%
Sep 6	F	Weak or Absent	Down	Down	Down	5.56%
Sep 5	F	Weak or Absent	Down	Down	Down	1.79%
Sep 4	F	Weak or Absent	Down	Down	Down	2.40%
Sep 3	F	Weak or Absent	Down	Down	Down	1.18%
Aug 30	F	Weak or Absent	Down	Down	Down	-3.93%
Aug 29	F	Weak or Absent	Down	Down	Down	-5.00%