Trend Table for BSMC - Brandes U.S. Small-Mid Cap Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	A	Weak or Absent	Up	Up	Up	-0.56%
Nov 7	A	Weak or Absent	Up	Up	Up	-0.10%
Nov 6	A	Weak or Absent	Up	Up	Up	-0.43%
Nov 5	A	Weak or Absent	Up	Up	Up	2.50%
Nov 4	C	Weak or Absent	Up	Flat	Flat	4.03%
Nov 1	C	Weak or Absent	Up	Flat	Flat	4.11%
Oct 31	C	Weak or Absent	Up	Down	Down	4.83%
Oct 30	A	Weak or Absent	Up	Flat	Flat	3.46%
Oct 29	B	Weak or Absent	Up	Flat	Flat	3.74%
Oct 28	B	Weak or Absent	Up	Flat	Flat	3.81%