Trend Table for QVAL - ValueShares U.S. Quantitative Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 14	A	Weak or Absent	Up	Up	Flat	-1.25%
Nov 13	A	Weak or Absent	Up	Up	Up	-0.96%
Nov 12	B	Weak or Absent	Up	Up	Up	-1.27%
Nov 11	A	Weak or Absent	Up	Up	Up	-2.31%
Nov 8	B	Weak or Absent	Up	Up	Up	-1.72%
Nov 7	A	Weak or Absent	Up	Up	Up	-2.29%
Nov 6	B	Weak or Absent	Up	Up	Up	-1.80%
Nov 5	C	Weak or Absent	Up	Up	Up	0.34%
Nov 4	D	Weak or Absent	Up	Down	Flat	1.64%
Nov 1	D	Weak or Absent	Up	Down	Down	2.20%