Trend Table for GSEU - Goldman Sachs ActiveBeta Europe Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	A	Strong	Up	Up	Up	-4.83%
May 15	A	Weak or Absent	Up	Up	Up	-5.25%
May 14	A	Weak or Absent	Up	Up	Up	-4.45%
May 13	A	Weak or Absent	Up	Up	Up	-3.65%
May 10	A	Weak or Absent	Up	Up	Up	-3.54%
May 9	A	Weak or Absent	Up	Up	Up	-3.13%
May 8	A	Weak or Absent	Up	Up	Up	-2.26%
May 7	A	Weak or Absent	Up	Up	Up	-1.87%
May 6	A	Weak or Absent	Up	Up	Up	-1.31%
May 3	A	Weak or Absent	Up	Up	Up	-0.66%