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
Jul 17	A	Weak or Absent	N/A	Up	Up	1.71%
Jul 16	C	Weak or Absent	N/A	Up	Up	2.02%
Jul 15	C	Weak or Absent	N/A	Up	Up	4.48%
Jul 12	C	Weak or Absent	N/A	Up	Up	4.74%
Jul 11	D	Weak or Absent	N/A	Up	Up	5.52%
Jul 10	D	Weak or Absent	N/A	Down	Flat	7.76%
Jul 9	D	Weak or Absent	N/A	Down	Flat	8.62%
Jul 8	D	Weak or Absent	N/A	Down	Flat	7.82%
Jul 5	D	Weak or Absent	N/A	Down	Down	8.96%
Jul 3	D	Weak or Absent	N/A	Down	Down	8.26%