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
Apr 26	A	Weak or Absent	Up	Up	Up	7.00%
Apr 25	A	Strong	Up	Up	Up	7.35%
Apr 24	A	Strong	Up	Up	Up	7.52%
Apr 23	A	Strong	Up	Up	Up	7.35%
Apr 22	A	Strong	Up	Up	Flat	8.25%
Apr 19	A	Strong	Up	Flat	Down	9.03%
Apr 18	B	Strong	Up	Flat	Down	9.85%
Apr 17	A	Strong	Up	Up	Down	9.19%
Apr 16	A	Strong	Up	Up	Down	8.78%
Apr 15	A	Strong	Up	Up	Down	8.32%