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
Sep 13	F	Weak or Absent	Down	Down	Down	-1.25%
Sep 12	D	Weak or Absent	Down	Down	Down	-0.73%
Sep 11	D	Weak or Absent	Down	Down	Down	-7.36%
Sep 10	D	Weak or Absent	Flat	Down	Down	-7.81%
Sep 9	D	Weak or Absent	Down	Down	Down	-7.45%
Sep 6	C	Weak or Absent	Flat	Flat	Down	-8.35%
Sep 5	C	Weak or Absent	Up	Up	Flat	-9.14%
Sep 4	C	Weak or Absent	Up	Flat	Flat	-8.70%
Sep 3	B	Weak or Absent	Up	Up	Flat	-9.10%
Aug 30	C	Weak or Absent	Up	Up	Up	-10.86%