Trend Table for AHH - Armada Hoffler Properties, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	B	Weak or Absent	Up	Up	Flat	-6.75%
Sep 12	C	Weak or Absent	Up	Up	Down	-5.88%
Sep 11	B	Weak or Absent	Up	Flat	Down	-4.84%
Sep 10	B	Weak or Absent	Up	Up	Down	-5.16%
Sep 9	B	Weak or Absent	Up	Up	Down	-5.32%
Sep 6	B	Weak or Absent	Up	Up	Down	-5.72%
Sep 5	B	Weak or Absent	Up	Up	Down	-6.82%
Sep 4	B	Weak or Absent	Up	Up	Down	-7.44%
Sep 3	B	Weak or Absent	Up	Up	Flat	-7.60%
Aug 30	B	Weak or Absent	Up	Up	Up	-9.32%