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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	B	Weak or Absent	Up	Up	Down	22.48%
Aug 15	A	Weak or Absent	Up	Up	Flat	19.43%
Aug 14	A	Weak or Absent	Up	Up	Up	18.81%
Aug 11	B	Weak or Absent	Up	Up	Down	21.11%
Aug 10	C	Weak or Absent	Up	Up	Flat	20.47%
Aug 9	A	Weak or Absent	Up	Up	Up	19.29%
Aug 8	B	Weak or Absent	Up	Up	Up	16.72%
Aug 7	B	Weak or Absent	Up	Up	Up	17.19%
Aug 4	A	Weak or Absent	Up	Up	Up	19.91%
Aug 3	B	Weak or Absent	Up	Up	Up	21.04%