Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 29	B	Weak or Absent	Up	Up	Flat	3.08%
Feb 28	A	Weak or Absent	Up	Flat	Flat	3.31%
Feb 27	A	Weak or Absent	Up	Flat	Flat	3.43%
Feb 26	A	Weak or Absent	Up	Flat	Flat	3.42%
Feb 23	A	Weak or Absent	Up	Flat	Flat	3.45%
Feb 22	A	Weak or Absent	Up	Flat	Flat	3.56%
Feb 21	A	Weak or Absent	Up	Flat	Flat	3.62%
Feb 20	A	Weak or Absent	Up	Flat	Flat	3.93%
Feb 16	A	Weak or Absent	Up	Flat	Flat	3.74%
Feb 15	A	Weak or Absent	Up	Flat	Flat	3.54%