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
Dec 21	A	Strong	Flat	Up	Flat	22.02%
Dec 20	B	Strong	Flat	Up	Flat	22.40%
Dec 19	B	Strong	Flat	Up	Flat	22.02%
Dec 16	B	Strong	Down	Up	Down	24.85%
Dec 15	B	Strong	Flat	Up	Flat	21.71%
Dec 14	C	Strong	Down	Up	Down	22.17%
Dec 13	C	Strong	Down	Up	Down	22.10%
Dec 12	C	Strong	Down	Up	Down	21.71%
Dec 9	A	Strong	Flat	Up	Flat	20.80%
Dec 8	C	Strong	Down	Up	Flat	21.87%