Trend Table for SOHOB - Sotherly Hotels Inc. - 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	F	Weak or Absent	Down	Down	Down	0.18%
Jan 24	F	Weak or Absent	Down	Down	Down	0.55%
Jan 23	F	Weak or Absent	Down	Down	Down	0.44%
Jan 22	F	Weak or Absent	Down	Down	Down	0.44%
Jan 19	D	Weak or Absent	Down	Down	Up	-2.92%
Jan 18	F	Weak or Absent	Down	Down	Down	0.13%
Jan 17	F	Weak or Absent	Down	Down	Down	3.43%
Jan 16	F	Weak or Absent	Down	Down	Down	-1.17%
Jan 12	F	Weak or Absent	Down	Down	Down	-3.17%
Jan 11	F	Weak or Absent	Down	Down	Down	-1.12%