Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	D	Weak or Absent	Up	Down	Down	61.18%
May 3	D	Weak or Absent	Up	Down	Down	58.10%
May 2	A	Weak or Absent	Up	Up	Up	54.14%
May 1	A	Weak or Absent	Up	Up	Up	54.14%
Apr 30	A	Weak or Absent	Up	Up	Up	55.88%
Apr 29	B	Strong	Up	Flat	Down	58.10%
Apr 26	B	Strong	Up	Down	Down	60.46%
Apr 25	B	Strong	Up	Down	Down	60.46%
Apr 24	B	Strong	Up	Down	Down	60.22%
Apr 23	B	Strong	Up	Flat	Down	58.10%