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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Up	16.08%
Aug 14	B	Weak or Absent	Up	Up	Up	23.30%
Aug 13	B	Weak or Absent	Up	Up	Up	22.87%
Aug 12	A	Weak or Absent	Up	Up	Flat	25.14%
Aug 9	A	Weak or Absent	Up	Up	Up	24.34%
Aug 8	A	Weak or Absent	Up	Up	Flat	24.69%
Aug 7	B	Weak or Absent	Up	Up	Flat	25.23%
Aug 6	C	Weak or Absent	Flat	Down	Down	28.89%
Aug 5	C	Weak or Absent	Down	Down	Down	30.31%
Aug 2	B	Weak or Absent	Up	Up	Down	25.14%