Trend Table for REFI - Chicago Atlantic Real Estate Finance, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 27	B	Weak or Absent	Up	Up	Flat	19.33%
Jul 26	C	Weak or Absent	Up	Up	Flat	18.62%
Jul 25	C	Weak or Absent	Up	Up	Flat	18.78%
Jul 24	C	Weak or Absent	Up	Up	Flat	18.62%
Jul 21	C	Weak or Absent	Up	Up	Down	20.12%
Jul 20	C	Strong	Up	Up	Flat	18.24%
Jul 19	B	Strong	Up	Up	Flat	18.16%
Jul 18	C	Strong	Up	Up	Down	19.01%
Jul 17	B	Strong	Up	Up	Flat	18.31%
Jul 14	C	Strong	Up	Up	Down	19.25%