Trend Table for IVOV - Vanguard S&P Mid-Cap 400 Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	D	Very Strong	Up	Up	Up	19.38%
Dec 26	D	Very Strong	Up	Up	Up	19.43%
Dec 22	D	Very Strong	Up	Up	Up	20.27%
Dec 21	D	Very Strong	Up	Up	Up	20.83%
Dec 20	D	Very Strong	Up	Up	Up	22.40%
Dec 19	D	Very Strong	Up	Up	Up	20.32%
Dec 18	D	Strong	Up	Up	Up	22.05%
Dec 15	D	Strong	Up	Up	Up	22.41%
Dec 14	D	Strong	Up	Up	Up	21.03%
Dec 13	D	Strong	Up	Up	Up	24.73%