Trend Table for SOHON - Sotherly Hotels Inc. - 8.25% Series D Cumulative Redeemable PerpetualPreferred Stock

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 23	F	Weak or Absent	Down	Down	Down	2.85%
Jan 22	F	Weak or Absent	Down	Down	Down	2.85%
Jan 19	F	Weak or Absent	Down	Down	Down	1.93%
Jan 18	F	Weak or Absent	Down	Down	Down	1.28%
Jan 17	F	Weak or Absent	Down	Down	Down	-0.49%
Jan 16	F	Weak or Absent	Down	Down	Down	-0.89%
Jan 11	F	Weak or Absent	Down	Down	Down	-1.23%
Jan 9	F	Weak or Absent	Down	Down	Down	-3.16%
Jan 8	F	Weak or Absent	Down	Down	Down	-3.16%
Jan 5	F	Weak or Absent	Down	Down	Down	-2.97%