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
Jan 4	B	Strong	N/A	Up	Down	17.10%
Jan 3	B	Strong	N/A	Up	Down	16.97%
Jan 2	A	Strong	N/A	Up	Flat	15.00%
Dec 29	A	Strong	N/A	Up	Flat	14.79%
Dec 28	A	Strong	N/A	Up	Up	14.26%
Dec 27	B	Strong	N/A	Up	Up	14.35%
Dec 26	A	Strong	N/A	Up	Up	14.08%
Dec 22	A	Strong	N/A	Up	Up	14.67%
Dec 21	B	Strong	N/A	Up	Up	15.19%
Dec 20	B	Strong	N/A	Up	Up	16.62%