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 5	B	Weak or Absent	Up	Up	Flat	13.37%
Apr 4	B	Weak or Absent	Up	Up	Down	14.09%
Apr 3	B	Weak or Absent	Up	Up	Flat	12.84%
Apr 2	B	Weak or Absent	Up	Up	Flat	13.01%
Apr 1	A	Weak or Absent	Up	Up	Up	11.76%
Mar 28	A	Weak or Absent	Up	Up	Up	11.52%
Mar 27	A	Weak or Absent	Up	Up	Up	11.81%
Mar 26	B	Weak or Absent	Up	Up	Flat	13.67%
Mar 25	A	Weak or Absent	Up	Up	Up	13.37%
Mar 22	A	Weak or Absent	Up	Up	Up	13.01%