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 5	A	Weak or Absent	N/A	N/A	Up	21.15%
Dec 4	A	Weak or Absent	N/A	N/A	Up	19.90%
Nov 30	A	Weak or Absent	N/A	N/A	Up	23.08%
Nov 29	D	Weak or Absent	N/A	N/A	Flat	23.87%
Nov 28	D	Weak or Absent	N/A	N/A	Flat	23.94%
Nov 27	A	Weak or Absent	N/A	N/A	Up	23.33%
Nov 24	A	Weak or Absent	N/A	N/A	Up	23.12%
Nov 22	A	Weak or Absent	N/A	N/A	Up	23.55%
Nov 21	A	Weak or Absent	N/A	N/A	Up	24.22%
Nov 20	A	Weak or Absent	N/A	N/A	Up	23.45%