Trend Table for AHH - Armada Hoffler Properties, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	F	Strong	Down	Down	Down	12.00%
Mar 21	D	Strong	Down	Down	Up	8.78%
Mar 20	D	Strong	Down	Down	Up	10.21%
Mar 19	F	Strong	Down	Down	Down	12.76%
Mar 18	F	Strong	Down	Down	Down	12.43%
Mar 15	F	Strong	Down	Down	Down	12.22%
Mar 14	F	Strong	Down	Down	Down	13.74%
Mar 13	D	Strong	Down	Down	Flat	11.26%
Mar 12	D	Strong	Down	Down	Up	10.94%
Mar 11	D	Strong	Down	Down	Up	9.28%