Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Weak or Absent	Up	Up	Up	49.94%
May 17	C	Weak or Absent	Up	Up	Up	48.49%
May 16	B	Weak or Absent	Up	Up	Up	47.88%
May 15	B	Weak or Absent	Up	Up	Up	48.29%
May 14	B	Weak or Absent	Up	Up	Up	48.29%
May 13	A	Weak or Absent	Up	Up	Up	45.28%
May 10	C	Weak or Absent	Up	Up	Up	51.64%
May 9	D	Weak or Absent	Up	Down	Down	58.95%
May 8	D	Weak or Absent	Up	Down	Flat	58.57%
May 7	D	Weak or Absent	Flat	Down	Down	61.67%