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
Dec 22	C	Weak or Absent	Up	Up	Up	13.70%
Dec 21	C	Strong	Up	Up	Up	13.37%
Dec 20	C	Strong	Up	Up	Flat	15.31%
Dec 19	C	Strong	Up	Up	Up	13.51%
Dec 18	C	Strong	Up	Up	Up	14.05%
Dec 15	C	Strong	Up	Up	Up	14.46%
Dec 14	C	Strong	Up	Up	Up	13.16%
Dec 13	C	Strong	Up	Up	Flat	14.78%
Dec 12	C	Strong	Flat	Flat	Down	16.19%
Dec 11	D	Strong	Flat	Flat	Down	16.46%