Trend Table for FLQS - Franklin LibertyQ U.S. Small Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	C	Strong	Up	Up	Down	21.17%
Jan 29	B	Strong	Up	Up	Flat	18.24%
Jan 26	C	Strong	Up	Up	Down	19.64%
Jan 25	C	Strong	Up	Up	Down	19.76%
Jan 16	C	Strong	Up	Up	Down	22.30%
Jan 12	C	Strong	Up	Up	Down	21.39%
Jan 8	C	Strong	Up	Up	Down	19.95%
Dec 29	B	Very Strong	Up	Up	Flat	17.06%
Dec 28	B	Strong	Up	Up	Up	16.07%
Dec 27	B	Strong	Up	Up	Up	15.60%