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
May 3	C	Weak or Absent	Up	Flat	Up	14.32%
May 2	D	Weak or Absent	Up	Down	Flat	15.42%
May 1	C	Weak or Absent	Up	Down	Down	16.56%
Apr 30	C	Weak or Absent	Up	Down	Down	16.15%
Apr 29	C	Weak or Absent	Up	Flat	Up	14.16%
Apr 26	C	Weak or Absent	Up	Down	Up	14.58%
Apr 25	C	Weak or Absent	Up	Down	Flat	15.30%
Apr 24	C	Weak or Absent	Up	Flat	Up	14.26%
Apr 23	C	Weak or Absent	Up	Down	Up	14.66%
Apr 22	C	Strong	Up	Down	Down	15.77%