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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 27	C	Weak or Absent	Down	Up	Down	23.74%
Feb 24	C	Weak or Absent	Down	Up	Down	23.06%
Feb 23	C	Weak or Absent	Down	Up	Down	20.38%
Feb 22	C	Weak or Absent	Down	Up	Down	23.80%
Feb 21	C	Strong	Down	Up	Down	22.26%
Feb 17	D	Strong	Down	Up	Down	21.48%
Feb 16	D	Strong	Down	Up	Down	19.11%
Feb 15	D	Strong	Down	Up	Flat	17.14%
Feb 14	D	Strong	Down	Up	Down	18.24%
Feb 13	B	Strong	Flat	Up	Up	14.35%