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
Dec 5	A	Strong	Up	Up	Flat	12.08%
Dec 4	A	Strong	Up	Up	Flat	11.90%
Dec 1	A	Strong	Up	Up	Flat	11.65%
Nov 30	A	Strong	Up	Up	Flat	11.70%
Nov 29	A	Strong	Up	Up	Flat	12.28%
Nov 28	A	Strong	Up	Up	Flat	12.16%
Nov 27	A	Strong	Up	Up	Up	11.63%
Nov 22	A	Strong	Up	Up	Up	11.56%
Nov 21	A	Strong	Up	Up	Up	11.78%
Nov 20	A	Strong	Up	Up	Up	11.75%