Trend Table for ADIV - SmartETFs Asia Pacific Dividend Builder ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	C	Weak or Absent	Up	Up	Up	13.38%
Jan 23	D	Weak or Absent	Up	Flat	Up	14.71%
Jan 22	D	Weak or Absent	Flat	Down	Flat	15.82%
Jan 19	D	Weak or Absent	Up	Down	Flat	15.26%
Jan 18	F	Weak or Absent	Flat	Down	Down	16.63%
Jan 17	F	Weak or Absent	Down	Down	Down	17.79%
Jan 16	D	Weak or Absent	Flat	Down	Down	15.92%
Jan 12	B	Weak or Absent	Up	Flat	Flat	14.03%
Jan 11	D	Weak or Absent	Up	Flat	Down	14.57%
Jan 10	D	Weak or Absent	Up	Down	Down	15.34%