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
Sep 12	A	Strong	Up	Up	Up	-19.38%
Sep 11	B	Strong	Up	Flat	Flat	-18.34%
Sep 8	A	Strong	Up	Flat	Flat	-18.34%
Sep 7	A	Strong	Up	Up	Up	-20.11%
Sep 6	A	Strong	Up	Up	Up	-20.11%
Sep 5	A	Strong	Up	Up	Up	-19.71%
Aug 30	B	Strong	Up	Up	Up	-18.44%
Aug 29	B	Very Strong	Up	Up	Up	-18.44%
Aug 28	C	Very Strong	Up	Down	Down	-16.74%
Aug 25	B	Very Strong	Up	Flat	Flat	-18.21%