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
Jul 25	F	Weak or Absent	Down	Down	Flat	0.56%
Jul 24	F	Weak or Absent	Down	Down	Down	1.75%
Jul 22	F	Weak or Absent	Down	Down	Down	1.92%
Jul 19	F	Weak or Absent	Down	Down	Down	1.64%
Jul 18	F	Weak or Absent	Down	Down	Down	1.05%
Jul 17	F	Weak or Absent	Down	Down	Down	1.05%
Jul 16	F	Weak or Absent	Down	Down	Flat	0.29%
Jul 15	F	Weak or Absent	Down	Down	Down	0.51%
Jul 11	F	Weak or Absent	Down	Down	Down	0.40%
Jul 10	F	Weak or Absent	Down	Down	Down	0.67%