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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	D	Weak or Absent	Up	Down	Down	22.97%
Jan 24	D	Weak or Absent	Up	Flat	Flat	22.10%
Jan 23	B	Weak or Absent	Up	Up	Up	19.94%
Jan 22	B	Weak or Absent	Up	Up	Up	20.24%
Jan 19	B	Weak or Absent	Up	Up	Up	19.79%
Jan 18	C	Weak or Absent	Up	Flat	Down	23.13%
Jan 17	C	Weak or Absent	Up	Down	Down	24.27%
Jan 16	C	Weak or Absent	Up	Flat	Down	22.74%
Jan 12	C	Weak or Absent	Up	Up	Down	21.09%
Jan 11	C	Weak or Absent	Up	Up	Down	21.87%