Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 5	B	Strong	Up	Up	Up	49.94%
Jan 4	B	Strong	Up	Up	Up	46.78%
Jan 3	B	Weak or Absent	Up	Up	Up	58.27%
Jan 2	B	Weak or Absent	Up	Up	Up	59.65%
Dec 29	D	Weak or Absent	Down	Up	Up	62.75%
Dec 28	F	Weak or Absent	Down	Up	Flat	66.47%
Dec 27	D	Weak or Absent	Down	Up	Up	62.14%
Dec 26	D	Weak or Absent	Down	Up	Up	64.72%
Dec 22	D	Weak or Absent	Down	Up	Up	65.96%
Dec 21	F	Weak or Absent	Down	Up	Flat	66.72%