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	-1.37%
Oct 1	D	Weak or Absent	Flat	Up	Flat	-0.83%
Sep 30	C	Weak or Absent	Flat	Up	Flat	-1.29%
Sep 27	D	Weak or Absent	Flat	Flat	Flat	-0.61%
Sep 26	C	Weak or Absent	Flat	Up	Flat	-1.37%
Sep 25	D	Weak or Absent	Down	Flat	Flat	-0.55%
Sep 24	D	Weak or Absent	Down	Up	Flat	-0.66%
Sep 23	D	Weak or Absent	Down	Up	Flat	-0.66%
Sep 20	C	Weak or Absent	Up	Up	Up	-1.84%
Sep 19	C	Weak or Absent	Flat	Up	Up	-1.48%