Trend Table for HNNAZ - Hennessy Advisors, Inc. - 4.875% Notes due 2026

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	C	Weak or Absent	Up	Flat	Down	0.00%
Nov 21	C	Weak or Absent	Up	Flat	Down	0.00%
Nov 20	C	Weak or Absent	Up	Flat	Down	-0.29%
Nov 18	C	Weak or Absent	Up	Flat	Down	-0.21%
Nov 15	C	Weak or Absent	Up	Flat	Down	-0.21%
Nov 14	C	Weak or Absent	Up	Flat	Down	0.09%
Nov 12	B	Weak or Absent	Up	Up	Flat	-2.04%
Nov 11	B	Weak or Absent	Up	Up	Flat	-2.04%
Nov 6	A	Weak or Absent	Up	Up	Flat	-2.24%
Nov 5	A	Weak or Absent	Up	Up	Flat	-2.24%