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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Strong	Down	Up	Up	30.19%
May 17	D	Strong	Down	Up	Up	29.46%
May 16	D	Weak or Absent	Down	Up	Up	29.55%
May 15	D	Weak or Absent	Down	Up	Up	32.65%
May 14	D	Weak or Absent	Down	Up	Up	34.30%
May 13	D	Weak or Absent	Down	Flat	Up	36.41%
May 10	D	Weak or Absent	Down	Down	Up	36.92%
May 9	D	Weak or Absent	Down	Down	Up	36.92%
May 8	D	Weak or Absent	Down	Up	Up	33.62%
May 7	D	Weak or Absent	Down	Flat	Up	36.81%