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
Jan 8	A	Strong	N/A	Up	Flat	17.20%
Jan 4	B	Strong	N/A	Up	Down	19.01%
Jan 3	B	Strong	N/A	Up	Down	18.88%
Jan 2	A	Strong	N/A	Up	Flat	16.88%
Dec 29	A	Strong	N/A	Up	Flat	16.66%
Dec 28	A	Strong	N/A	Up	Up	16.13%
Dec 27	B	Strong	N/A	Up	Up	16.21%
Dec 26	A	Strong	N/A	Up	Up	15.95%
Dec 22	A	Strong	N/A	Up	Up	16.55%
Dec 21	B	Strong	N/A	Up	Up	17.07%