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 6	B	Weak or Absent	Up	Up	Flat	33.95%
Feb 3	A	Weak or Absent	Up	Up	Up	32.03%
Feb 2	A	Weak or Absent	Up	Up	Up	31.33%
Feb 1	B	Weak or Absent	Up	Up	Up	32.48%
Jan 31	A	Weak or Absent	Up	Up	Up	33.27%
Jan 30	A	Weak or Absent	Up	Up	Flat	35.93%
Jan 27	A	Weak or Absent	Up	Up	Up	33.88%
Jan 26	A	Weak or Absent	Up	Up	Up	33.35%
Jan 25	A	Weak or Absent	Up	Up	Up	35.50%
Jan 24	A	Weak or Absent	Up	Up	Up	35.30%