Trend Table for GSEU - Goldman Sachs ActiveBeta Europe Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 10	A	Weak or Absent	Up	Up	Flat	7.53%
Aug 9	B	Weak or Absent	Up	Up	Flat	7.90%
Aug 8	B	Weak or Absent	Up	Up	Down	8.11%
Aug 7	B	Weak or Absent	Up	Up	Down	7.82%
Aug 4	B	Weak or Absent	Up	Up	Down	8.88%
Aug 3	B	Weak or Absent	Up	Flat	Down	8.94%
Aug 2	B	Weak or Absent	Up	Up	Down	8.56%
Aug 1	A	Weak or Absent	Up	Up	Down	6.71%
Jul 31	A	Weak or Absent	Up	Up	Flat	5.67%
Jul 28	A	Weak or Absent	Up	Up	Up	5.59%