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
Jul 12	F	Weak or Absent	Down	Down	Down	15.05%
Jul 11	D	Weak or Absent	Down	Flat	Flat	11.30%
Jul 10	D	Weak or Absent	Down	Flat	Flat	11.30%
Jul 7	D	Weak or Absent	Down	Flat	Flat	11.30%
Jul 6	D	Weak or Absent	Down	Flat	Flat	11.54%
Jun 30	D	Weak or Absent	Down	Flat	Flat	11.59%
Jun 29	D	Weak or Absent	Down	Flat	Flat	11.30%
Jun 28	D	Weak or Absent	Down	Flat	Up	10.96%
Jun 27	F	Weak or Absent	Down	Down	Flat	12.18%
Jun 26	D	Weak or Absent	Down	Flat	Flat	11.79%