Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 27	D	Strong	Down	Up	Flat	9.02%
Jul 26	D	Strong	Down	Up	Flat	8.93%
Jul 25	D	Strong	Down	Up	Flat	9.10%
Jul 24	D	Strong	Down	Up	Flat	8.85%
Jul 21	D	Strong	Down	Up	Flat	8.88%
Jul 20	D	Strong	Down	Up	Flat	8.67%
Jul 19	D	Strong	Down	Up	Flat	8.42%
Jul 18	D	Strong	Down	Up	Flat	8.38%
Jul 17	D	Strong	Down	Up	Flat	8.37%
Jul 14	D	Strong	Down	Up	Flat	8.59%