Trend Table for NREF - NexPoint Real Estate Finance, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	F	Weak or Absent	Down	Down	Down	37.83%
Feb 22	F	Weak or Absent	Down	Down	Down	37.93%
Feb 21	D	Weak or Absent	Down	Down	Up	32.81%
Feb 20	F	Weak or Absent	Down	Down	Down	35.17%
Feb 16	D	Weak or Absent	Down	Down	Up	30.43%
Feb 15	D	Weak or Absent	Up	Down	Up	27.87%
Feb 14	F	Weak or Absent	Down	Down	Down	37.23%
Feb 13	D	Weak or Absent	Down	Down	Down	40.28%
Feb 12	F	Weak or Absent	Down	Down	Down	33.65%
Feb 9	F	Weak or Absent	Down	Down	Down	33.18%