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
Aug 18	A	Strong	Up	Up	Down	26.79%
Aug 17	A	Strong	Up	Up	Down	27.49%
Aug 16	A	Strong	Up	Up	Down	26.79%
Aug 15	A	Strong	Up	Up	Flat	26.11%
Aug 14	A	Strong	Up	Up	Up	24.82%
Aug 11	A	Strong	Up	Up	Up	24.92%
Aug 10	A	Strong	Up	Up	Up	25.46%
Aug 9	A	Strong	Up	Up	Up	24.38%
Aug 8	A	Strong	Up	Up	Up	25.36%
Aug 7	A	Strong	Up	Up	Up	25.83%