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
Sep 1	A	Weak or Absent	Up	Up	Up	23.10%
Aug 31	A	Weak or Absent	Up	Up	Up	25.19%
Aug 30	A	Weak or Absent	Up	Up	Up	25.19%
Aug 29	A	Weak or Absent	Up	Up	Up	26.17%
Aug 28	A	Weak or Absent	Up	Up	Flat	27.73%
Aug 25	A	Weak or Absent	Up	Up	Down	28.87%
Aug 24	A	Weak or Absent	Up	Up	Down	28.90%
Aug 23	A	Weak or Absent	Up	Up	Down	28.23%
Aug 22	A	Strong	Up	Up	Down	28.09%
Aug 21	A	Strong	Up	Up	Down	27.38%