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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 12	D	Weak or Absent	Down	Down	Flat	25.56%
Apr 11	F	Weak or Absent	Down	Down	Down	25.08%
Apr 10	F	Weak or Absent	Down	Down	Down	26.92%
Apr 9	F	Weak or Absent	Down	Down	Down	23.76%
Apr 8	F	Weak or Absent	Down	Down	Down	25.65%
Apr 5	F	Weak or Absent	Down	Down	Down	25.46%
Apr 4	F	Weak or Absent	Down	Down	Down	25.85%
Apr 3	F	Weak or Absent	Down	Down	Down	25.46%
Apr 2	F	Weak or Absent	Down	Down	Down	26.33%
Apr 1	F	Weak or Absent	Down	Down	Down	22.01%