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
Feb 23	A	Strong	Up	Up	Up	12.41%
Feb 21	A	Strong	Up	Up	Up	13.78%
Feb 16	A	Strong	Up	Up	Flat	14.03%
Feb 14	A	Strong	Up	Up	Flat	14.14%
Feb 13	B	Strong	Up	Up	Down	15.30%
Feb 12	A	Strong	Up	Up	Up	12.66%
Feb 8	A	Strong	Up	Up	Up	14.11%
Feb 7	B	Strong	Up	Up	Flat	15.12%
Feb 5	A	Strong	Up	Up	Flat	15.78%
Feb 2	A	Strong	Up	Up	Up	14.79%