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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 28	B	Weak or Absent	Up	Flat	Up	22.08%
Sep 27	B	Weak or Absent	Up	Down	Down	23.91%
Sep 26	B	Weak or Absent	Up	Down	Down	28.09%
Sep 25	B	Weak or Absent	Up	Down	Down	24.70%
Sep 22	B	Weak or Absent	Up	Down	Down	26.37%
Sep 21	B	Weak or Absent	Up	Down	Down	25.25%
Sep 20	A	Weak or Absent	Up	Up	Down	21.63%
Sep 19	A	Weak or Absent	Up	Up	Flat	20.52%
Sep 18	A	Weak or Absent	Up	Up	Flat	19.64%
Sep 15	A	Weak or Absent	Up	Up	Down	20.96%