Trend Table for DIVL - Madison Dividend Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	B	Weak or Absent	N/A	Up	Flat	11.58%
Jan 11	A	Weak or Absent	N/A	Up	Down	11.81%
Jan 10	A	Strong	N/A	Up	Down	11.68%
Jan 9	A	Strong	N/A	Up	Down	11.71%
Jan 8	A	Strong	N/A	Up	Flat	10.77%
Jan 5	A	Strong	N/A	Up	Flat	11.40%
Jan 4	A	Strong	N/A	Up	Flat	11.48%
Jan 3	A	Strong	N/A	Up	Flat	11.21%
Jan 2	A	Strong	N/A	Up	Flat	10.47%
Dec 29	A	Strong	N/A	Up	Flat	10.73%