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 6	A	Weak or Absent	N/A	N/A	Up	23.19%
Dec 5	A	Weak or Absent	N/A	N/A	Up	23.13%
Dec 4	A	Weak or Absent	N/A	N/A	Up	21.86%
Nov 30	A	Weak or Absent	N/A	N/A	Up	25.09%
Nov 29	D	Weak or Absent	N/A	N/A	Flat	25.89%
Nov 28	D	Weak or Absent	N/A	N/A	Flat	25.96%
Nov 27	A	Weak or Absent	N/A	N/A	Up	25.35%
Nov 24	A	Weak or Absent	N/A	N/A	Up	25.12%
Nov 22	A	Weak or Absent	N/A	N/A	Up	25.57%
Nov 21	A	Weak or Absent	N/A	N/A	Up	26.25%