Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	C	Weak or Absent	Up	Flat	Up	59.27%
Feb 22	C	Weak or Absent	Up	Flat	Up	59.62%
Feb 21	C	Strong	Up	Up	Up	59.27%
Feb 20	C	Strong	Up	Up	Up	59.51%
Feb 16	C	Strong	Up	Flat	Up	60.46%
Feb 15	D	Strong	Flat	Down	Up	62.58%
Feb 14	F	Strong	Down	Down	Down	67.55%
Feb 13	F	Strong	Down	Down	Down	68.84%
Feb 12	F	Strong	Down	Down	Down	67.29%
Feb 9	F	Strong	Down	Down	Down	68.84%