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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 15	A	Weak or Absent	Up	Up	Down	21.03%
Sep 14	B	Weak or Absent	Up	Up	Flat	20.96%
Sep 13	A	Weak or Absent	Up	Up	Flat	20.11%
Sep 12	A	Weak or Absent	Up	Up	Up	16.38%
Sep 11	A	Weak or Absent	Up	Up	Up	16.45%
Sep 8	A	Weak or Absent	Up	Up	Up	20.32%
Sep 7	A	Weak or Absent	Up	Up	Up	20.82%
Sep 6	B	Weak or Absent	Up	Flat	Down	24.39%
Sep 5	B	Weak or Absent	Up	Up	Down	23.05%
Sep 1	B	Weak or Absent	Up	Up	Flat	21.17%