Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 3	F	Strong	Down	Down	Down	9.21%
Mar 2	F	Strong	Down	Down	Down	9.40%
Mar 1	D	Strong	Down	Down	Down	8.88%
Feb 28	D	Strong	Down	Flat	Flat	8.59%
Feb 27	F	Strong	Down	Flat	Flat	8.21%
Feb 24	C	Strong	Down	Up	Up	7.55%
Feb 23	D	Strong	Down	Flat	Up	7.76%
Feb 22	F	Strong	Down	Flat	Up	7.96%
Feb 21	F	Strong	Down	Flat	Flat	8.29%
Feb 17	F	Strong	Down	Down	Flat	8.43%