Trend Table for ARI - Apollo Commercial Real Estate Finance, Inc

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Weak or Absent	Down	Down	Down	0.40%
May 7	F	Weak or Absent	Down	Down	Down	0.10%
May 6	F	Weak or Absent	Down	Down	Down	-0.50%
May 3	F	Weak or Absent	Down	Down	Down	-0.40%
May 2	F	Weak or Absent	Down	Down	Down	-1.18%
May 1	D	Weak or Absent	Down	Down	Down	0.10%
Apr 30	D	Weak or Absent	Down	Down	Down	3.95%
Apr 29	D	Weak or Absent	Up	Down	Flat	-6.27%
Apr 26	B	Weak or Absent	Up	Flat	Up	-7.31%
Apr 25	C	Weak or Absent	Up	Flat	Up	-6.71%