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
May 8	B	Weak or Absent	N/A	Up	Up	6.63%
May 7	C	Weak or Absent	N/A	Up	Up	7.29%
May 6	C	Weak or Absent	N/A	Up	Up	7.58%
May 3	D	Weak or Absent	N/A	Flat	Flat	8.57%
May 2	D	Weak or Absent	N/A	Down	Flat	9.14%
May 1	D	Weak or Absent	N/A	Flat	Flat	9.11%
Apr 30	D	Weak or Absent	N/A	Down	Flat	9.29%
Apr 29	B	Weak or Absent	N/A	Up	Up	7.63%
Apr 26	D	Weak or Absent	N/A	Flat	Up	8.81%
Apr 25	D	Weak or Absent	N/A	Down	Up	9.59%