Trend Table for JVAL - JPMorgan U.S. Value Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	A	Weak or Absent	Up	Up	Flat	0.00%
Nov 20	B	Weak or Absent	Up	Up	Down	1.25%
Nov 19	B	Weak or Absent	Up	Up	Down	1.57%
Nov 18	B	Weak or Absent	Up	Up	Down	1.34%
Nov 15	B	Weak or Absent	Up	Up	Down	1.63%
Nov 14	A	Weak or Absent	Up	Up	Flat	0.45%
Nov 13	A	Weak or Absent	Up	Up	Up	-0.20%
Nov 12	A	Weak or Absent	Up	Up	Up	-0.47%
Nov 11	A	Weak or Absent	Up	Up	Up	-1.33%
Nov 8	A	Weak or Absent	Up	Up	Up	-0.75%