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
Nov 8	A	Weak or Absent	Up	Up	Up	0.29%
Nov 7	A	Weak or Absent	Up	Up	Up	0.42%
Nov 6	A	Weak or Absent	Up	Up	Up	0.94%
Nov 5	A	Weak or Absent	Up	Up	Flat	4.07%
Nov 4	C	Weak or Absent	Up	Flat	Down	5.31%
Nov 1	B	Weak or Absent	Up	Flat	Down	5.15%
Oct 31	B	Weak or Absent	Up	Flat	Down	5.19%
Oct 30	A	Weak or Absent	Up	Up	Flat	3.98%
Oct 29	A	Weak or Absent	Up	Up	Flat	3.79%
Oct 28	A	Weak or Absent	Up	Up	Flat	3.83%