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
Dec 19	A	Strong	N/A	Up	Up	20.37%
Dec 18	A	Strong	N/A	Up	Up	20.82%
Dec 15	A	Strong	N/A	Up	Up	21.08%
Dec 14	A	Strong	N/A	Up	Up	20.36%
Dec 13	A	Weak or Absent	N/A	Up	Up	21.58%
Dec 12	A	Weak or Absent	N/A	Up	Up	23.33%
Dec 6	A	Weak or Absent	N/A	Up	Flat	25.52%
Dec 4	A	Weak or Absent	N/A	Up	Up	24.17%
Nov 30	A	Weak or Absent	N/A	Up	Up	24.59%
Nov 29	A	Weak or Absent	N/A	Up	Up	24.99%