Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	B	Strong	Up	Up	Up	25.07%
Jan 13	D	Weak or Absent	Down	Up	Up	27.98%
Jan 12	D	Weak or Absent	Down	Up	Up	28.12%
Jan 11	D	Weak or Absent	Down	Up	Up	33.71%
Jan 10	F	Weak or Absent	Down	Down	Flat	42.97%
Jan 9	F	Weak or Absent	Down	Down	Flat	42.63%
Jan 6	F	Weak or Absent	Down	Down	Flat	42.71%
Jan 5	F	Weak or Absent	Down	Down	Up	41.78%
Jan 4	F	Weak or Absent	Down	Down	Flat	42.28%
Jan 3	F	Weak or Absent	Down	Down	Down	44.35%