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
Jul 7	A	Weak or Absent	Up	Up	Flat	-19.42%
Jul 6	A	Weak or Absent	Up	Up	Up	-19.46%
Jul 5	A	Weak or Absent	Up	Up	Up	-19.42%
Jul 3	A	Weak or Absent	Up	Up	Up	-19.42%
Jun 30	A	Weak or Absent	Up	Up	Up	-19.42%
Jun 29	A	Weak or Absent	Up	Up	Up	-20.23%
Jun 28	A	Weak or Absent	Up	Up	Flat	-18.27%
Jun 27	B	Weak or Absent	Up	Up	Down	-17.81%
Jun 26	A	Weak or Absent	Up	Up	Flat	-18.37%
Jun 23	A	Weak or Absent	Up	Up	Up	-18.69%