Trend Table for PEMX - Putnam Emerging Markets ex-China ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 14	A	Strong	N/A	Up	Up	12.17%
Feb 13	A	Strong	N/A	Up	Flat	14.05%
Feb 12	A	Strong	N/A	Up	Up	12.33%
Feb 9	A	Strong	N/A	Up	Up	12.03%
Feb 8	A	Strong	N/A	Up	Up	12.77%
Feb 7	A	Strong	N/A	Up	Up	12.74%
Feb 6	A	Strong	N/A	Up	Up	13.50%
Feb 5	A	Strong	N/A	Up	Up	14.27%
Feb 2	A	Strong	N/A	Up	Up	14.60%
Feb 1	A	Strong	N/A	Up	Up	15.63%