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 14	F	Weak or Absent	Down	Down	Down	22.83%
Mar 13	D	Weak or Absent	Down	Down	Up	15.89%
Mar 12	D	Weak or Absent	Down	Down	Up	15.74%
Mar 11	D	Weak or Absent	Down	Down	Up	15.58%
Mar 8	D	Weak or Absent	Down	Down	Up	16.93%
Mar 7	D	Weak or Absent	Down	Down	Up	17.01%
Mar 6	D	Weak or Absent	Down	Down	Up	18.81%
Mar 5	D	Weak or Absent	Down	Down	Up	17.25%
Mar 4	D	Weak or Absent	Down	Down	Up	17.09%
Mar 1	D	Weak or Absent	Flat	Down	Up	14.56%