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
Dec 20	B	Strong	N/A	Up	Up	18.52%
Dec 19	B	Strong	N/A	Up	Up	16.83%
Dec 18	B	Strong	N/A	Up	Up	18.18%
Dec 15	B	Strong	N/A	Up	Up	18.09%
Dec 14	B	Strong	N/A	N/A	Up	17.11%
Dec 13	B	Strong	N/A	N/A	Up	18.39%
Dec 12	B	Strong	N/A	N/A	Up	21.17%
Dec 11	B	Weak or Absent	N/A	N/A	Up	21.64%
Dec 8	A	Weak or Absent	N/A	N/A	Up	21.97%
Dec 7	A	Weak or Absent	N/A	N/A	Up	22.24%