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
Feb 6	B	Weak or Absent	N/A	Up	Flat	18.12%
Feb 5	B	Weak or Absent	N/A	Flat	Down	18.98%
Feb 2	C	Weak or Absent	N/A	Up	Down	18.21%
Feb 1	B	Weak or Absent	N/A	Up	Flat	17.26%
Jan 31	B	Weak or Absent	N/A	Up	Flat	18.51%
Jan 30	A	Weak or Absent	N/A	Up	Up	16.71%
Jan 29	A	Weak or Absent	N/A	Up	Up	16.31%
Jan 26	A	Weak or Absent	N/A	Up	Up	16.79%
Jan 25	A	Weak or Absent	N/A	Up	Up	17.19%
Jan 24	B	Weak or Absent	N/A	Up	Flat	18.28%