Trend Table for AHH - Armada Hoffler Properties, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Weak or Absent	Up	Up	Flat	-3.43%
Jan 24	C	Weak or Absent	Up	Up	Down	-2.95%
Jan 23	C	Strong	Up	Up	Down	-3.27%
Jan 22	C	Strong	Up	Up	Flat	-4.45%
Jan 19	C	Strong	Up	Up	Down	-3.75%
Jan 18	C	Strong	Up	Up	Down	-3.51%
Jan 17	C	Strong	Up	Up	Down	-2.71%
Jan 16	C	Strong	Up	Up	Down	-3.51%
Jan 12	B	Strong	Up	Up	Flat	-5.46%
Jan 11	C	Strong	Up	Up	Down	-4.84%