Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Up	Up	Up	42.49%
May 14	B	Weak or Absent	Up	Up	Up	42.49%
May 13	A	Weak or Absent	Up	Up	Up	39.61%
May 10	C	Weak or Absent	Up	Up	Up	45.71%
May 9	D	Weak or Absent	Up	Down	Down	52.74%
May 8	D	Weak or Absent	Up	Down	Flat	52.37%
May 7	D	Weak or Absent	Flat	Down	Down	55.35%
May 6	D	Weak or Absent	Up	Down	Down	54.89%
May 3	D	Weak or Absent	Up	Down	Down	51.93%
May 2	A	Weak or Absent	Up	Up	Up	48.11%