Trend Table for BSMC - Brandes U.S. Small-Mid Cap Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	A	Weak or Absent	Up	Up	Flat	0.00%
Jul 31	A	Weak or Absent	Up	Up	Up	-1.71%
Jul 30	A	Weak or Absent	Up	Up	Up	-1.65%
Jul 26	A	Weak or Absent	Up	Up	Up	-0.69%
Jul 25	A	Weak or Absent	N/A	Up	Flat	0.66%
Jul 24	B	Weak or Absent	N/A	Up	Flat	1.77%
Jul 23	A	Weak or Absent	N/A	Up	Up	0.56%
Jul 22	B	Weak or Absent	N/A	Up	Up	1.27%
Jul 19	A	Weak or Absent	N/A	Up	Up	0.73%
Jul 18	B	Weak or Absent	N/A	Up	Up	1.13%