Trend Table for CHH - Choice Hotels International, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	D	Weak or Absent	Down	Down	Down	40.94%
Dec 27	D	Weak or Absent	Down	Down	Down	38.44%
Dec 23	D	Weak or Absent	Down	Down	Down	37.60%
Dec 22	D	Weak or Absent	Down	Down	Down	38.58%
Dec 21	D	Weak or Absent	Down	Down	Down	37.28%
Dec 20	D	Weak or Absent	Down	Down	Down	37.33%
Dec 19	D	Weak or Absent	Down	Down	Down	37.00%
Dec 16	D	Weak or Absent	Down	Down	Down	34.72%
Dec 15	D	Weak or Absent	Down	Down	Down	32.68%
Dec 14	D	Weak or Absent	Down	Down	Down	31.01%