Trend Table for GHG - GreenTree Hospitality Group Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Weak or Absent	Up	Up	Up	-37.76%
May 12	B	Weak or Absent	Up	Flat	Flat	-35.92%
May 11	A	Weak or Absent	Up	Up	Up	-36.78%
May 10	A	Weak or Absent	Up	Up	Up	-36.92%
May 9	A	Weak or Absent	Up	Up	Flat	-35.92%
May 8	A	Weak or Absent	Up	Up	Up	-36.92%
May 5	B	Weak or Absent	Up	Flat	Flat	-35.47%
May 4	A	Weak or Absent	Up	Up	Up	-36.35%
May 3	A	Weak or Absent	Up	Up	Flat	-36.21%
May 2	B	Weak or Absent	Up	Up	Down	-35.32%