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
Dec 7	C	Weak or Absent	Down	Up	Down	39.60%
Dec 6	C	Weak or Absent	Down	Up	Down	39.52%
Dec 5	C	Weak or Absent	Flat	Up	Down	38.41%
Dec 2	B	Weak or Absent	Up	Up	Down	33.69%
Dec 1	B	Weak or Absent	Up	Up	Flat	33.19%
Nov 30	A	Weak or Absent	Up	Up	Flat	32.37%
Nov 29	B	Weak or Absent	Up	Up	Flat	33.31%
Nov 28	B	Weak or Absent	Up	Up	Down	34.84%
Nov 25	A	Weak or Absent	Up	Up	Up	31.30%
Nov 23	A	Weak or Absent	Up	Up	Up	31.30%