Trend Table for GSSC - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	B	Weak or Absent	Up	Up	Down	17.32%
Aug 8	A	Weak or Absent	Up	Up	Down	16.41%
Aug 7	A	Weak or Absent	Up	Up	Flat	15.49%
Aug 4	A	Weak or Absent	Up	Up	Flat	16.30%
Aug 3	A	Weak or Absent	Up	Up	Flat	16.08%
Aug 2	A	Weak or Absent	Up	Up	Flat	16.23%
Aug 1	A	Weak or Absent	Up	Up	Up	15.07%
Jul 31	A	Strong	Up	Up	Up	14.39%
Jul 28	A	Weak or Absent	Up	Up	Up	15.35%
Jul 27	A	Strong	Up	Up	Flat	16.62%