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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	A	Strong	Up	Up	Up	6.68%
Aug 28	B	Strong	Up	Up	Up	9.46%
Aug 27	B	Strong	Up	Up	Up	10.28%
Aug 26	B	Strong	Up	Up	Up	12.53%
Aug 23	B	Weak or Absent	Up	Up	Up	12.96%
Aug 22	B	Weak or Absent	Up	Up	Up	16.85%
Aug 21	B	Weak or Absent	Up	Up	Up	14.28%
Aug 20	B	Weak or Absent	Up	Up	Up	16.46%
Aug 19	A	Weak or Absent	Up	Up	Up	13.40%
Aug 16	B	Weak or Absent	Up	Up	Up	14.72%