Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 28	D	Strong	Down	Up	Flat	9.57%
Jun 27	D	Strong	Down	Up	Up	9.46%
Jun 26	D	Strong	Down	Flat	Flat	10.05%
Jun 23	D	Strong	Down	Flat	Flat	10.22%
Jun 22	D	Strong	Down	Flat	Flat	10.11%
Jun 21	D	Strong	Down	Flat	Up	9.83%
Jun 20	D	Strong	Down	Flat	Up	10.06%
Jun 16	D	Strong	Down	Flat	Up	10.00%
Jun 15	F	Strong	Down	Flat	Flat	10.62%
Jun 14	F	Strong	Down	Down	Flat	11.02%