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
Nov 9	A	Weak or Absent	Up	Up	Up	1.10%
Nov 8	A	Weak or Absent	Up	Up	Up	-0.83%
Nov 7	B	Weak or Absent	Up	Up	Up	-0.74%
Nov 6	B	Weak or Absent	Up	Up	Up	-0.93%
Nov 3	B	Weak or Absent	Up	Up	Up	-3.14%
Nov 2	A	Weak or Absent	Up	Up	Up	-1.12%
Nov 1	A	Weak or Absent	Up	Up	Up	2.09%
Oct 31	B	Weak or Absent	Flat	Down	Up	4.34%
Oct 30	C	Weak or Absent	Down	Down	Down	9.63%
Oct 27	C	Weak or Absent	Down	Down	Down	11.39%