Trend Table for HNNA - Hennessy Advisors, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	D	Weak or Absent	Down	Up	Up	28.83%
Jan 11	D	Weak or Absent	Down	Up	Up	34.45%
Jan 10	F	Weak or Absent	Down	Down	Flat	43.76%
Jan 9	F	Weak or Absent	Down	Down	Flat	43.42%
Jan 6	F	Weak or Absent	Down	Down	Flat	43.50%
Jan 5	F	Weak or Absent	Down	Down	Up	42.57%
Jan 4	F	Weak or Absent	Down	Down	Flat	43.07%
Jan 3	F	Weak or Absent	Down	Down	Down	45.15%
Dec 30	F	Weak or Absent	Down	Down	Flat	43.25%
Dec 29	F	Weak or Absent	Down	Down	Flat	43.42%