Trend Table for ARF - Arena REIT No 1

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 9	B	Strong	Up	Up	Down	10.61%
Apr 8	B	Strong	Up	Up	Down	11.49%
Apr 5	B	Strong	Up	Up	Down	10.31%
Apr 4	B	Strong	Up	Up	Down	9.73%
Apr 3	B	Strong	Up	Up	Down	10.90%
Apr 2	A	Strong	Up	Up	Up	5.57%
Mar 28	A	Strong	Up	Up	Up	5.03%
Mar 27	A	Strong	Up	Up	Up	8.31%
Mar 26	A	Strong	Up	Up	Up	7.57%
Mar 25	A	Strong	Up	Up	Up	7.57%