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 19	B	Strong	N/A	Up	Up	14.95%
Dec 18	B	Strong	N/A	Up	Up	16.28%
Dec 15	B	Strong	N/A	Up	Up	16.19%
Dec 14	B	Strong	N/A	N/A	Up	15.23%
Dec 13	B	Strong	N/A	N/A	Up	16.49%
Dec 12	B	Strong	N/A	N/A	Up	19.22%
Dec 11	B	Weak or Absent	N/A	N/A	Up	19.69%
Dec 8	A	Weak or Absent	N/A	N/A	Up	20.01%
Dec 7	A	Weak or Absent	N/A	N/A	Up	20.28%
Dec 6	A	Weak or Absent	N/A	N/A	Up	21.21%