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
Sep 27	B	Weak or Absent	Up	Up	Up	3.95%
Sep 26	A	Weak or Absent	Up	Up	Up	4.20%
Sep 25	A	Weak or Absent	Up	Up	Flat	5.33%
Sep 24	B	Weak or Absent	Up	Up	Up	4.63%
Sep 23	B	Weak or Absent	Up	Up	Up	4.91%
Sep 20	A	Weak or Absent	Up	Up	Up	5.10%
Sep 19	B	Weak or Absent	Up	Up	Up	4.62%
Sep 18	B	Weak or Absent	Up	Up	Up	6.30%
Sep 17	A	Weak or Absent	Up	Up	Up	6.20%
Sep 16	B	Weak or Absent	Up	Up	Up	6.38%