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 14	B	Weak or Absent	Up	Flat	Flat	3.67%
Feb 13	A	Weak or Absent	Up	Flat	Flat	3.85%
Feb 12	B	Weak or Absent	Up	Flat	Flat	3.68%
Feb 9	B	Weak or Absent	Up	Flat	Flat	3.74%
Feb 8	B	Weak or Absent	Up	Flat	Flat	3.92%
Feb 7	B	Weak or Absent	Up	Flat	Flat	4.20%
Feb 6	B	Weak or Absent	Up	Flat	Flat	4.34%
Feb 5	B	Weak or Absent	Up	Flat	Flat	4.44%
Feb 2	B	Weak or Absent	Up	Flat	Flat	4.37%
Feb 1	C	Weak or Absent	Up	Flat	Flat	4.30%