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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	D	Weak or Absent	Down	Down	Up	53.55%
May 19	D	Weak or Absent	Down	Down	Up	52.56%
May 18	D	Weak or Absent	Down	Down	Up	52.02%
May 17	D	Weak or Absent	Down	Down	Up	53.77%
May 16	F	Weak or Absent	Down	Down	Flat	58.92%
May 15	F	Weak or Absent	Down	Down	Down	59.51%
May 12	F	Weak or Absent	Down	Down	Down	59.99%
May 11	F	Weak or Absent	Down	Down	Down	64.17%
May 10	F	Weak or Absent	Down	Down	Down	64.04%
May 9	F	Weak or Absent	Down	Down	Down	59.99%