Trend Table for ARI - Apollo Commercial Real Estate Finance, Inc

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	B	Weak or Absent	Up	Up	Flat	-13.19%
Jan 24	C	Weak or Absent	Up	Up	Down	-12.51%
Jan 23	B	Weak or Absent	Up	Up	Flat	-13.71%
Jan 22	B	Weak or Absent	Up	Up	Flat	-13.71%
Jan 19	B	Weak or Absent	Up	Up	Up	-13.78%
Jan 18	C	Strong	Up	Up	Flat	-12.59%
Jan 17	C	Strong	Up	Up	Down	-11.13%
Jan 16	C	Strong	Up	Up	Down	-11.52%
Jan 12	B	Strong	Up	Up	Flat	-13.71%
Jan 11	B	Strong	Up	Up	Up	-14.29%