Trend Table for SOHOB - Sotherly Hotels Inc. - 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 2	B	Weak or Absent	Flat	Up	Flat	0.00%
Oct 1	D	Weak or Absent	Flat	Up	Flat	0.55%
Sep 30	C	Weak or Absent	Flat	Up	Flat	0.08%
Sep 27	D	Weak or Absent	Flat	Flat	Flat	0.77%
Sep 26	C	Weak or Absent	Flat	Up	Flat	0.00%
Sep 25	D	Weak or Absent	Down	Flat	Flat	0.83%
Sep 24	D	Weak or Absent	Down	Up	Flat	0.72%
Sep 23	D	Weak or Absent	Down	Up	Flat	0.72%
Sep 20	C	Weak or Absent	Up	Up	Up	-0.48%
Sep 19	C	Weak or Absent	Flat	Up	Up	-0.11%