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
Mar 25	C	Weak or Absent	Up	Up	Up	-10.33%
Mar 22	C	Weak or Absent	Up	Up	Up	-10.33%
Mar 21	C	Weak or Absent	Up	Up	Up	-12.04%
Mar 20	C	Weak or Absent	Up	Up	Up	-9.77%
Mar 19	D	Weak or Absent	Up	Down	Flat	-8.47%
Mar 18	D	Weak or Absent	Up	Flat	Up	-8.80%
Mar 15	D	Weak or Absent	Up	Flat	Up	-8.88%
Mar 14	D	Weak or Absent	Up	Down	Flat	-7.47%
Mar 13	D	Weak or Absent	Up	Down	Up	-8.96%
Mar 12	D	Weak or Absent	Up	Down	Flat	-7.64%