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
May 22	B	Weak or Absent	N/A	Up	Down	6.18%
May 21	A	Weak or Absent	N/A	Up	Flat	5.54%
May 20	B	Weak or Absent	N/A	Up	Flat	5.42%
May 17	A	Weak or Absent	N/A	Up	Up	4.80%
May 16	A	Weak or Absent	N/A	Up	Up	4.85%
May 15	A	Weak or Absent	N/A	Up	Up	5.00%
May 14	A	Weak or Absent	N/A	Up	Up	5.39%
May 13	A	Weak or Absent	N/A	Up	Up	6.18%
May 10	A	Weak or Absent	N/A	Up	Up	6.39%
May 9	A	Weak or Absent	N/A	Up	Up	6.00%