Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	F	Weak or Absent	Down	Down	Flat	61.13%
Sep 12	F	Weak or Absent	Down	Down	Down	61.60%
Sep 11	F	Weak or Absent	Down	Down	Down	62.32%
Sep 8	F	Weak or Absent	Down	Down	Down	60.89%
Sep 7	F	Weak or Absent	Down	Down	Down	62.32%
Sep 6	F	Weak or Absent	Down	Down	Down	62.93%
Sep 5	C	Weak or Absent	Down	Down	Down	58.55%
Sep 1	D	Weak or Absent	Down	Down	Down	58.33%
Aug 31	D	Weak or Absent	Down	Down	Down	58.10%
Aug 30	D	Weak or Absent	Down	Down	Down	58.55%