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
Dec 27	B	Strong	N/A	Up	Up	10.90%
Dec 26	A	Strong	N/A	Up	Up	10.64%
Dec 22	A	Strong	N/A	Up	Up	11.21%
Dec 21	B	Strong	N/A	Up	Up	11.71%
Dec 20	B	Strong	N/A	Up	Up	13.10%
Dec 19	B	Strong	N/A	Up	Up	11.48%
Dec 18	B	Strong	N/A	Up	Up	12.77%
Dec 15	B	Strong	N/A	Up	Up	12.69%
Dec 14	B	Strong	N/A	N/A	Up	11.75%
Dec 13	B	Strong	N/A	N/A	Up	12.98%