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
Jan 24	A	Weak or Absent	Up	Up	Up	-15.67%
Jan 23	D	Weak or Absent	Up	Flat	Flat	-2.42%
Jan 20	C	Weak or Absent	Up	Up	Up	-5.08%
Jan 19	C	Weak or Absent	Up	Up	Up	-4.99%
Jan 18	D	Weak or Absent	Up	Down	Down	-0.42%
Jan 17	D	Weak or Absent	Up	Down	Down	-0.08%
Jan 13	D	Weak or Absent	Up	Down	Down	2.00%
Jan 12	C	Weak or Absent	Up	Flat	Up	-2.87%
Jan 11	B	Weak or Absent	Up	Up	Up	-3.55%
Jan 10	B	Weak or Absent	Up	Up	Up	-6.31%