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
May 31	A	Weak or Absent	Up	Up	Flat	5.30%
May 30	B	Weak or Absent	Up	Up	Down	6.02%
May 29	B	Weak or Absent	Up	Up	Down	6.43%
May 28	A	Weak or Absent	Up	Up	Down	5.16%
May 24	A	Strong	Up	Up	Down	4.99%
May 23	B	Strong	Up	Up	Down	5.62%
May 22	B	Strong	Up	Up	Flat	4.53%
May 21	A	Strong	Up	Up	Up	3.71%
May 20	A	Strong	Up	Up	Up	3.99%
May 17	A	Strong	Up	Up	Up	3.50%