Trend Table for JVAL - JPMorgan U.S. Value Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 4	A	Weak or Absent	Up	Up	Flat	0.00%
Oct 3	B	Weak or Absent	Up	Up	Down	1.02%
Oct 2	B	Weak or Absent	Up	Up	Flat	0.72%
Oct 1	B	Weak or Absent	Up	Up	Flat	0.56%
Sep 30	A	Weak or Absent	Up	Up	Up	-0.42%
Sep 27	B	Weak or Absent	Up	Up	Up	-0.28%
Sep 26	A	Weak or Absent	Up	Up	Up	-0.04%
Sep 25	A	Weak or Absent	Up	Up	Flat	1.04%
Sep 24	B	Weak or Absent	Up	Up	Up	0.37%
Sep 23	B	Weak or Absent	Up	Up	Up	0.64%