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
Jun 1	D	Weak or Absent	Down	Down	Down	49.15%
May 31	D	Weak or Absent	Down	Down	Down	50.98%
May 30	D	Weak or Absent	Down	Down	Down	48.06%
May 26	D	Weak or Absent	Down	Down	Down	46.21%
May 25	D	Weak or Absent	Down	Down	Down	45.89%
May 24	C	Weak or Absent	Down	Down	Flat	44.45%
May 23	D	Weak or Absent	Down	Down	Up	43.65%
May 22	D	Weak or Absent	Down	Down	Up	43.21%
May 19	D	Weak or Absent	Down	Down	Flat	43.83%
May 18	D	Weak or Absent	Down	Down	Up	42.90%