Trend Table for PFXNZ - PhenixFIN Corporation - 5.25% Notes due 2028

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 30	A	Weak or Absent	N/A	Up	Up	17.95%
Dec 28	A	Weak or Absent	N/A	Up	Up	20.03%
Dec 27	A	Weak or Absent	N/A	Up	Up	20.03%
Dec 23	A	Weak or Absent	N/A	Up	Up	20.31%
Dec 21	B	Weak or Absent	N/A	Up	Up	20.67%
Dec 20	B	Weak or Absent	N/A	Up	Up	21.44%
Dec 19	B	Weak or Absent	N/A	Up	Up	19.04%
Dec 16	D	Weak or Absent	N/A	Down	Flat	23.17%
Dec 14	D	Weak or Absent	N/A	Down	Flat	23.17%
Dec 12	D	Weak or Absent	N/A	Down	Down	24.36%