Trend Table for VFMO - Vanguard U.S. Momentum Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	A	Strong	Up	Up	Up	23.32%
Dec 18	A	Strong	Up	Up	Up	25.10%
Dec 15	A	Strong	Up	Up	Up	25.82%
Dec 14	A	Strong	Up	Up	Up	25.88%
Dec 13	A	Strong	Up	Up	Up	27.41%
Dec 12	A	Strong	Up	Up	Up	29.60%
Dec 11	A	Strong	Up	Up	Up	30.37%
Dec 8	A	Strong	Up	Up	Up	31.24%
Dec 7	B	Strong	Up	Up	Up	32.74%
Dec 6	B	Strong	Up	Up	Flat	33.99%