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
Mar 28	D	Weak or Absent	Flat	Up	Up	14.28%
Mar 27	D	Weak or Absent	Flat	Up	Up	13.49%
Mar 26	D	Weak or Absent	Down	Down	Up	18.15%
Mar 25	D	Weak or Absent	Down	Down	Flat	19.44%
Mar 22	F	Weak or Absent	Down	Down	Down	21.47%
Mar 21	D	Weak or Absent	Down	Down	Flat	18.92%
Mar 20	F	Weak or Absent	Down	Down	Down	20.22%
Mar 19	F	Weak or Absent	Down	Down	Down	22.19%
Mar 18	F	Weak or Absent	Down	Down	Down	22.01%
Mar 15	F	Weak or Absent	Down	Down	Down	19.96%