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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 26	C	Weak or Absent	Down	Down	Down	40.76%
Oct 25	C	Weak or Absent	Down	Down	Down	40.56%
Oct 24	C	Weak or Absent	Down	Down	Down	38.40%
Oct 23	C	Weak or Absent	Down	Down	Down	35.27%
Oct 20	C	Weak or Absent	Flat	Down	Down	32.38%
Oct 19	C	Weak or Absent	Down	Down	Down	33.00%
Oct 18	C	Weak or Absent	Down	Down	Down	32.55%
Oct 17	B	Weak or Absent	Up	Down	Up	28.67%
Oct 16	B	Weak or Absent	Up	Down	Up	29.01%
Oct 13	B	Weak or Absent	Up	Down	Flat	30.28%