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
Aug 24	B	Very Strong	Up	Flat	Flat	-18.21%
Aug 23	C	Very Strong	Up	Down	Down	-17.02%
Aug 22	C	Very Strong	Up	Down	Down	-13.91%
Aug 17	A	Very Strong	Up	Flat	Flat	-18.24%
Aug 16	A	Strong	Up	Flat	Flat	-18.11%
Aug 15	A	Strong	Up	Flat	Flat	-18.11%
Aug 14	A	Strong	Up	Up	Up	-18.94%
Aug 11	A	Strong	Up	Up	Up	-19.26%
Aug 10	A	Very Strong	Up	Up	Up	-18.24%
Aug 9	A	Very Strong	Up	Up	Up	-18.10%