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
Jan 31	A	Strong	N/A	Up	Up	16.75%
Jan 30	A	Strong	N/A	Up	Up	16.38%
Jan 29	A	Strong	N/A	Up	Up	16.10%
Jan 26	A	Weak or Absent	N/A	Up	Up	17.49%
Jan 25	A	Weak or Absent	N/A	Up	Up	18.03%
Jan 24	A	Weak or Absent	N/A	Up	Up	17.59%
Jan 18	A	Weak or Absent	N/A	Up	Flat	20.33%
Jan 17	B	Weak or Absent	N/A	Up	Down	22.12%
Jan 16	B	Strong	N/A	Up	Down	21.42%
Jan 11	B	Strong	N/A	Up	Down	20.32%