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
Feb 6	B	Weak or Absent	N/A	Up	Flat	16.33%
Feb 5	B	Weak or Absent	N/A	Flat	Down	17.17%
Feb 2	C	Weak or Absent	N/A	Up	Down	16.42%
Feb 1	B	Weak or Absent	N/A	Up	Flat	15.49%
Jan 31	B	Weak or Absent	N/A	Up	Flat	16.72%
Jan 30	A	Weak or Absent	N/A	Up	Up	14.95%
Jan 29	A	Weak or Absent	N/A	Up	Up	14.55%
Jan 26	A	Weak or Absent	N/A	Up	Up	15.02%
Jan 25	A	Weak or Absent	N/A	Up	Up	15.41%
Jan 24	B	Weak or Absent	N/A	Up	Flat	16.49%