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
Apr 16	B	Weak or Absent	Up	Down	Down	0.20%
Apr 15	B	Weak or Absent	Up	Down	Down	-0.28%
Apr 12	C	Weak or Absent	Up	Flat	Down	-1.18%
Apr 11	B	Weak or Absent	Up	Up	Down	-2.79%
Apr 10	B	Weak or Absent	Up	Up	Down	-2.52%
Apr 9	A	Weak or Absent	Up	Up	Flat	-4.23%
Apr 8	B	Weak or Absent	Up	Up	Flat	-3.95%
Apr 5	B	Weak or Absent	Up	Up	Flat	-3.71%
Apr 4	B	Weak or Absent	Up	Up	Down	-3.10%
Apr 3	B	Weak or Absent	Up	Up	Flat	-4.16%