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 4	A	Strong	Up	Up	Up	26.79%
Aug 3	A	Strong	Up	Up	Up	27.73%
Aug 2	A	Strong	Up	Up	Up	27.35%
Aug 1	A	Strong	Up	Up	Up	26.17%
Jul 31	A	Weak or Absent	Up	Up	Up	26.38%
Jul 28	A	Weak or Absent	Up	Up	Up	27.63%
Jul 21	A	Weak or Absent	Up	Up	Up	30.90%
Jul 20	A	Weak or Absent	Up	Up	Up	30.79%
Jul 19	A	Weak or Absent	Up	Up	Up	30.61%
Jul 18	B	Weak or Absent	Up	Up	Up	31.12%