Trend Table for OVS - Overlay Shares Small Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 8	B	Strong	Up	Up	Up	19.70%
Dec 7	B	Weak or Absent	Up	Up	Up	20.81%
Dec 6	B	Weak or Absent	Up	Up	Up	22.29%
Dec 5	B	Weak or Absent	Up	Up	Up	21.96%
Dec 4	B	Weak or Absent	Up	Up	Up	20.10%
Dec 1	B	Weak or Absent	Up	Up	Up	21.72%
Nov 30	C	Weak or Absent	Flat	Up	Flat	25.37%
Nov 29	C	Weak or Absent	Down	Up	Flat	25.86%
Nov 28	D	Weak or Absent	Down	Up	Flat	26.15%
Nov 27	C	Weak or Absent	Flat	Up	Up	25.47%