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
May 29	B	Weak or Absent	Up	Up	Down	8.99%
May 28	A	Weak or Absent	Up	Up	Flat	7.60%
May 24	A	Weak or Absent	Up	Up	Flat	7.45%
May 23	B	Weak or Absent	Up	Up	Down	8.71%
May 22	A	Weak or Absent	Up	Up	Flat	7.61%
May 21	A	Weak or Absent	Up	Up	Up	6.73%
May 20	A	Weak or Absent	Up	Up	Up	6.74%
May 17	B	Weak or Absent	Up	Up	Up	7.52%
May 16	B	Weak or Absent	Up	Up	Up	7.56%
May 15	A	Weak or Absent	Up	Up	Up	6.34%