Trend Table for ARF - Arena REIT No 1

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 7	C	Weak or Absent	Up	Down	Down	3.16%
Nov 6	C	Weak or Absent	Up	Down	Flat	1.62%
Nov 5	C	Weak or Absent	Up	Down	Down	1.87%
Nov 4	C	Weak or Absent	Up	Down	Down	3.16%
Nov 1	D	Weak or Absent	Up	Down	Down	3.42%
Oct 31	C	Weak or Absent	Up	Down	Down	1.87%
Oct 30	C	Weak or Absent	Up	Down	Down	2.13%
Oct 29	C	Weak or Absent	Up	Down	Down	2.13%
Oct 28	C	Weak or Absent	Up	Down	Down	0.62%
Oct 25	B	Weak or Absent	Up	Up	Down	-0.85%