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
Oct 11	A	Weak or Absent	Up	Up	Up	3.43%
Oct 10	A	Weak or Absent	Up	Up	Flat	4.43%
Oct 9	A	Weak or Absent	Up	Up	Up	3.98%
Oct 8	B	Weak or Absent	Up	Up	Flat	4.74%
Oct 7	B	Weak or Absent	Up	Up	Flat	5.09%
Oct 4	A	Weak or Absent	Up	Up	Flat	4.24%
Oct 3	B	Weak or Absent	Up	Up	Down	5.30%
Oct 2	B	Weak or Absent	Up	Up	Flat	4.99%
Oct 1	B	Weak or Absent	Up	Up	Flat	4.82%
Sep 30	A	Weak or Absent	Up	Up	Up	3.81%