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 22	B	Weak or Absent	Up	Flat	Up	27.54%
May 19	C	Weak or Absent	Up	Flat	Flat	28.04%
May 18	C	Weak or Absent	Up	Flat	Flat	28.24%
May 17	C	Weak or Absent	Up	Down	Flat	29.00%
May 16	C	Weak or Absent	Flat	Down	Down	29.89%
May 15	C	Weak or Absent	Up	Down	Flat	28.82%
May 12	C	Weak or Absent	Up	Down	Down	29.21%
May 11	C	Weak or Absent	Up	Down	Down	29.25%
May 10	C	Weak or Absent	Up	Down	Down	28.82%
May 9	C	Weak or Absent	Up	Flat	Flat	27.85%