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
Oct 4	C	Weak or Absent	Up	Up	Up	-1.80%
Oct 3	B	Weak or Absent	Flat	Up	Flat	-1.53%
Oct 2	B	Weak or Absent	Flat	Up	Flat	-1.53%
Oct 1	D	Weak or Absent	Flat	Up	Flat	-0.99%
Sep 30	C	Weak or Absent	Flat	Up	Flat	-1.45%
Sep 27	D	Weak or Absent	Flat	Flat	Flat	-0.77%
Sep 26	C	Weak or Absent	Flat	Up	Flat	-1.53%
Sep 25	D	Weak or Absent	Down	Flat	Flat	-0.72%
Sep 24	D	Weak or Absent	Down	Up	Flat	-0.83%
Sep 23	D	Weak or Absent	Down	Up	Flat	-0.83%