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 12	B	Strong	Up	Up	Down	7.35%
Apr 11	B	Strong	Up	Up	Down	5.96%
Apr 10	B	Strong	Up	Up	Down	6.04%
Apr 9	A	Strong	Up	Up	Flat	4.56%
Apr 8	B	Strong	Up	Up	Flat	4.88%
Apr 5	A	Strong	Up	Up	Flat	4.70%
Apr 4	A	Strong	Up	Up	Flat	5.07%
Apr 3	A	Strong	Up	Up	Up	3.99%
Apr 2	A	Strong	Up	Up	Flat	4.91%
Apr 1	A	Strong	Up	Up	Up	4.06%