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 13	B	Weak or Absent	Up	Up	Up	6.90%
Sep 12	B	Weak or Absent	Up	Up	Flat	8.28%
Sep 11	B	Weak or Absent	Up	Flat	Down	8.90%
Sep 10	C	Weak or Absent	Up	Flat	Down	9.45%
Sep 9	B	Weak or Absent	Up	Flat	Down	9.26%
Sep 6	C	Weak or Absent	Up	Down	Down	10.12%
Sep 5	B	Weak or Absent	Up	Up	Down	8.33%
Sep 4	B	Weak or Absent	Up	Up	Down	7.81%
Aug 30	A	Weak or Absent	Up	Up	Up	5.52%
Aug 29	A	Weak or Absent	Up	Up	Up	6.40%