Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 2	D	Weak or Absent	Down	Up	Up	34.55%
Dec 1	D	Weak or Absent	Down	Up	Up	33.21%
Nov 30	D	Weak or Absent	Down	Up	Up	35.01%
Nov 29	F	Weak or Absent	Down	Down	Up	37.65%
Nov 28	F	Weak or Absent	Down	Down	Down	40.39%
Nov 25	F	Weak or Absent	Down	Down	Flat	38.84%
Nov 23	F	Weak or Absent	Down	Down	Down	38.94%
Nov 22	F	Weak or Absent	Down	Down	Down	39.57%
Nov 21	F	Weak or Absent	Down	Down	Down	39.90%
Nov 18	F	Weak or Absent	Down	Down	Down	40.22%