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
May 22	B	Weak or Absent	Down	Up	Up	9.51%
May 19	B	Weak or Absent	Down	Up	Up	10.59%
May 18	B	Weak or Absent	Down	Up	Up	9.94%
May 17	B	Weak or Absent	Down	Up	Up	11.70%
May 16	B	Weak or Absent	Down	Up	Up	16.36%
May 15	B	Weak or Absent	Down	Up	Up	15.04%
May 12	B	Weak or Absent	Down	Up	Up	15.88%
May 11	B	Weak or Absent	Down	Up	Flat	16.00%
May 10	C	Weak or Absent	Down	Down	Down	18.97%
May 9	C	Weak or Absent	Down	Down	Down	18.46%