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
Dec 11	B	Strong	Up	Up	Up	-8.19%
Dec 8	B	Strong	Up	Up	Up	-6.96%
Dec 7	B	Strong	Up	Up	Up	-5.95%
Dec 6	C	Strong	Up	Up	Flat	-4.04%
Dec 5	B	Strong	Up	Up	Up	-6.29%
Dec 4	B	Strong	Up	Up	Up	-6.96%
Nov 30	B	Weak or Absent	Up	Up	Up	-3.59%
Nov 29	B	Weak or Absent	Up	Up	Flat	-3.41%
Nov 28	C	Weak or Absent	Up	Up	Down	-2.32%
Nov 27	C	Weak or Absent	Up	Up	Flat	-2.60%