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
Apr 19	C	Strong	Up	Down	Down	16.74%
Apr 18	B	Weak or Absent	Up	Down	Down	16.86%
Apr 17	B	Weak or Absent	Up	Down	Down	16.80%
Apr 16	B	Weak or Absent	Up	Down	Down	16.38%
Apr 15	B	Weak or Absent	Up	Down	Down	15.82%
Apr 12	C	Weak or Absent	Up	Flat	Down	14.78%
Apr 11	B	Weak or Absent	Up	Up	Down	12.91%
Apr 10	B	Weak or Absent	Up	Up	Down	13.22%
Apr 9	A	Weak or Absent	Up	Up	Flat	11.23%
Apr 8	B	Weak or Absent	Up	Up	Flat	11.56%