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 6	A	Weak or Absent	N/A	N/A	Up	28.56%
Nov 3	A	Weak or Absent	N/A	N/A	Up	27.78%
Nov 2	B	Weak or Absent	N/A	N/A	Up	30.34%
Nov 1	A	Weak or Absent	N/A	N/A	Up	32.06%
Oct 31	C	Weak or Absent	N/A	N/A	Down	33.12%
Oct 30	C	Weak or Absent	N/A	N/A	Down	34.02%
Oct 27	C	Weak or Absent	N/A	N/A	Down	34.60%
Oct 26	C	Weak or Absent	N/A	N/A	Down	33.11%
Oct 25	C	Weak or Absent	N/A	N/A	Down	33.58%
Oct 24	C	Weak or Absent	N/A	N/A	Down	32.42%