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 8	A	Strong	Up	Up	Up	-18.11%
Aug 7	A	Strong	Up	Flat	Flat	-17.60%
Aug 2	A	Strong	Up	Up	Flat	-17.60%
Aug 1	B	Strong	Up	Up	Flat	-17.60%
Jul 31	C	Strong	Up	Up	Flat	-17.43%
Jul 28	B	Strong	Up	Up	Flat	-17.22%
Jul 27	A	Strong	Up	Up	Flat	-17.43%
Jul 26	B	Strong	Up	Up	Flat	-17.40%
Jul 25	B	Strong	Up	Up	Flat	-17.40%
Jul 24	C	Strong	Up	Flat	Down	-16.74%