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 13	C	Weak or Absent	Flat	Up	Flat	-1.55%
Dec 12	C	Weak or Absent	Down	Up	Down	-0.29%
Dec 9	C	Weak or Absent	Down	Up	Down	0.32%
Dec 8	C	Weak or Absent	Down	Up	Down	-0.54%
Dec 7	C	Strong	Down	Up	Down	1.10%
Dec 6	C	Strong	Down	Up	Down	3.07%
Dec 5	C	Strong	Down	Up	Down	0.93%
Dec 2	B	Strong	Up	Up	Flat	-3.99%
Dec 1	B	Strong	Up	Up	Up	-5.01%
Nov 30	B	Strong	Up	Up	Up	-5.93%