Trend Table for GDVD - R3 Global Dividend Growth ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Strong	Up	Up	Up	17.99%
Nov 17	B	Strong	Flat	Up	Up	18.69%
Nov 16	C	Strong	Flat	Up	Up	19.42%
Nov 15	C	Strong	Flat	Up	Up	19.33%
Nov 14	B	Weak or Absent	Down	Up	Up	19.84%
Nov 13	C	Weak or Absent	Down	Up	Up	22.63%
Nov 10	C	Strong	Down	Flat	Up	22.57%
Nov 9	C	Strong	Down	Flat	Up	23.46%
Nov 8	B	Strong	Down	Flat	Up	22.78%
Nov 7	C	Strong	Down	Flat	Up	22.79%