Trend Table for QUAL - iShares MSCI USA Quality Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	A	Strong	Up	Up	Up	7.70%
May 23	A	Weak or Absent	Up	Up	Flat	8.47%
May 22	A	Weak or Absent	Up	Up	Up	8.21%
May 21	A	Weak or Absent	Up	Up	Up	7.88%
May 20	A	Weak or Absent	Up	Up	Up	7.98%
May 17	B	Weak or Absent	Up	Up	Up	8.34%
May 16	A	Weak or Absent	Up	Up	Up	8.32%
May 15	A	Weak or Absent	Up	Up	Up	7.90%
May 14	B	Weak or Absent	Up	Up	Up	9.65%
May 13	C	Weak or Absent	Up	Up	Up	10.14%