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
May 15	D	Weak or Absent	Down	Down	Flat	30.98%
May 12	D	Weak or Absent	Down	Down	Down	32.43%
May 11	D	Weak or Absent	Down	Down	Down	31.99%
May 10	D	Weak or Absent	Down	Down	Flat	31.06%
May 9	D	Weak or Absent	Down	Down	Flat	31.56%
May 8	D	Weak or Absent	Down	Down	Flat	30.72%
May 5	D	Weak or Absent	Down	Down	Up	30.12%
May 4	F	Weak or Absent	Down	Down	Down	33.66%
May 3	D	Weak or Absent	Down	Down	Down	31.90%
May 2	D	Weak or Absent	Down	Down	Down	31.61%