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
Apr 18	B	Weak or Absent	N/A	Down	Down	13.69%
Apr 17	C	Weak or Absent	N/A	Down	Down	13.77%
Apr 16	C	Weak or Absent	N/A	Down	Down	13.23%
Apr 15	C	Weak or Absent	N/A	Down	Down	12.83%
Apr 12	C	Weak or Absent	N/A	Flat	Down	12.08%
Apr 11	B	Weak or Absent	N/A	Up	Down	10.26%
Apr 10	B	Weak or Absent	N/A	Up	Down	10.26%
Apr 9	A	Weak or Absent	N/A	Up	Flat	8.49%
Apr 8	B	Weak or Absent	N/A	Up	Flat	9.00%
Apr 5	B	Weak or Absent	N/A	Up	Down	9.42%