Trend Table for HERD - Pacer Cash Cows Fund of Funds ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Up	4.59%
May 17	B	Weak or Absent	Up	Up	Up	4.86%
May 16	B	Weak or Absent	Up	Up	Up	4.97%
May 15	B	Weak or Absent	Up	Up	Up	4.15%
May 14	B	Weak or Absent	Up	Up	Up	5.02%
May 13	C	Weak or Absent	Up	Up	Up	5.54%
May 10	C	Weak or Absent	Up	Up	Up	5.51%
May 9	C	Weak or Absent	Up	Up	Up	5.52%
May 8	C	Weak or Absent	Up	Flat	Up	6.78%
May 7	C	Weak or Absent	Up	Flat	Up	6.39%