Trend Table for NREF - NexPoint Real Estate Finance, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	B	Strong	Up	Up	Up	20.28%
Jul 17	B	Strong	Up	Up	Up	14.06%
Jul 16	C	Weak or Absent	Up	Up	Up	15.62%
Jul 15	C	Weak or Absent	Up	Up	Up	18.82%
Jul 12	C	Weak or Absent	Up	Up	Up	19.95%
Jul 11	C	Weak or Absent	Up	Up	Up	21.35%
Jul 10	B	Weak or Absent	Flat	Up	Up	29.64%
Jul 9	C	Weak or Absent	Down	Up	Flat	30.99%
Jul 8	C	Weak or Absent	Flat	Up	Flat	30.12%
Jul 5	D	Weak or Absent	Down	Down	Down	33.37%