Trend Table for DFND - Realty Shares DIVCON Dividend Defender ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	A	Strong	Up	Flat	Up	11.74%
Jan 17	A	Strong	Up	Up	Up	11.32%
Jan 16	A	Strong	Up	Up	Up	11.80%
Jan 12	D	Strong	Up	Flat	Up	12.01%
Jan 11	D	Strong	Up	Flat	Up	12.23%
Jan 10	D	Strong	Up	Flat	Up	12.42%
Jan 9	D	Strong	Up	Flat	Up	12.46%
Jan 8	D	Strong	Up	Flat	Up	13.39%
Jan 5	D	Strong	Up	Down	Flat	13.86%
Jan 4	D	Strong	Up	Down	Down	15.34%