Trend Table for GEM - Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	B	Strong	Up	Up	Up	8.56%
Jan 26	B	Strong	Up	Up	Up	7.91%
Jan 25	B	Strong	Up	Up	Up	8.98%
Jan 24	B	Strong	Up	Up	Up	9.05%
Jan 23	B	Strong	Up	Up	Up	9.19%
Jan 20	B	Strong	Up	Up	Up	10.00%
Jan 19	B	Strong	Up	Up	Up	11.33%
Jan 18	B	Strong	Up	Up	Up	12.10%
Jan 17	B	Strong	Up	Up	Up	11.66%
Jan 13	B	Strong	Up	Up	Up	11.08%