Trend Table for ICVT - iShares Convertible Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	A	Weak or Absent	Up	Up	Flat	5.56%
May 23	A	Weak or Absent	Up	Flat	Down	6.12%
May 22	A	Weak or Absent	Up	Up	Flat	5.10%
May 21	A	Weak or Absent	Up	Up	Up	4.92%
May 20	B	Weak or Absent	Up	Up	Up	4.67%
May 17	B	Weak or Absent	Up	Up	Up	5.01%
May 16	B	Weak or Absent	Up	Up	Up	5.20%
May 15	B	Weak or Absent	Up	Up	Up	4.83%
May 14	B	Weak or Absent	Up	Up	Up	5.76%
May 13	C	Weak or Absent	Up	Flat	Up	6.27%