Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	B	Strong	Up	Up	Up	53.28%
Jan 9	B	Strong	Up	Up	Up	53.28%
Jan 8	B	Strong	Up	Up	Up	49.08%
Jan 5	B	Strong	Up	Up	Up	50.68%
Jan 4	B	Strong	Up	Up	Up	47.51%
Jan 3	B	Weak or Absent	Up	Up	Up	59.05%
Jan 2	B	Weak or Absent	Up	Up	Up	60.45%
Dec 29	D	Weak or Absent	Down	Up	Up	63.56%
Dec 28	F	Weak or Absent	Down	Up	Flat	67.29%
Dec 27	D	Weak or Absent	Down	Up	Up	62.95%