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
Mar 7	B	Weak or Absent	Up	Up	Up	14.94%
Mar 6	A	Weak or Absent	Up	Up	Up	15.88%
Mar 5	A	Weak or Absent	Up	Up	Flat	16.61%
Mar 4	A	Weak or Absent	Up	Up	Up	15.79%
Mar 1	A	Weak or Absent	Up	Up	Up	15.88%
Feb 29	A	Weak or Absent	Up	Up	Up	16.78%
Feb 28	A	Weak or Absent	Up	Up	Flat	17.70%
Feb 27	A	Weak or Absent	Up	Up	Up	17.13%
Feb 26	A	Weak or Absent	Up	Up	Up	17.43%
Feb 23	A	Weak or Absent	Up	Up	Up	17.07%