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 31	A	Weak or Absent	Up	Up	Up	3.54%
Jul 30	A	Weak or Absent	Up	Up	Up	3.60%
Jul 26	A	Weak or Absent	Up	Up	Up	4.62%
Jul 25	A	Weak or Absent	N/A	Up	Flat	6.05%
Jul 24	B	Weak or Absent	N/A	Up	Flat	7.21%
Jul 23	A	Weak or Absent	N/A	Up	Up	5.94%
Jul 22	B	Weak or Absent	N/A	Up	Up	6.68%
Jul 19	A	Weak or Absent	N/A	Up	Up	6.11%
Jul 18	B	Weak or Absent	N/A	Up	Up	6.54%
Jul 17	A	Weak or Absent	N/A	Up	Up	5.13%