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
Aug 14	B	Weak or Absent	Up	Flat	Flat	8.79%
Aug 13	B	Weak or Absent	Up	Up	Flat	8.45%
Aug 12	B	Weak or Absent	Up	Flat	Down	9.31%
Aug 9	B	Weak or Absent	Up	Flat	Down	9.02%
Aug 8	B	Weak or Absent	Up	Flat	Down	8.83%
Aug 7	B	Weak or Absent	Up	Down	Down	10.70%
Aug 6	B	Weak or Absent	Up	Down	Down	9.68%
Aug 5	B	Weak or Absent	Up	Down	Down	11.41%
Aug 2	B	Weak or Absent	Up	Up	Down	8.03%
Aug 1	A	Weak or Absent	Up	Up	Flat	5.35%