Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	A	Strong	Up	Up	Up	15.17%
Aug 8	A	Strong	Up	Up	Up	22.41%
Aug 7	A	Strong	Up	Up	Up	22.96%
Aug 6	A	Strong	Up	Up	Up	24.15%
Aug 5	A	Strong	Up	Up	Down	28.50%
Aug 2	A	Strong	Up	Up	Flat	24.75%
Aug 1	A	Strong	Up	Up	Up	23.70%
Jul 31	B	Strong	Up	Up	Up	23.81%
Jul 30	B	Strong	Up	Up	Up	25.22%
Jul 29	B	Strong	Up	Up	Flat	27.45%