Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 30	F	Weak or Absent	Down	Down	Flat	39.26%
Dec 29	F	Weak or Absent	Down	Down	Flat	39.43%
Dec 28	D	Weak or Absent	Down	Down	Flat	39.00%
Dec 27	F	Weak or Absent	Down	Down	Down	41.11%
Dec 23	F	Weak or Absent	Down	Down	Down	39.93%
Dec 22	F	Weak or Absent	Down	Down	Down	40.09%
Dec 21	F	Weak or Absent	Down	Down	Down	39.93%
Dec 20	F	Weak or Absent	Down	Down	Down	38.44%
Dec 19	F	Weak or Absent	Down	Down	Down	40.26%
Dec 16	F	Weak or Absent	Down	Down	Down	38.44%