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	5.45%
Apr 15	B	Weak or Absent	Up	Down	Down	4.95%
Apr 12	C	Weak or Absent	Up	Flat	Down	4.00%
Apr 11	B	Weak or Absent	Up	Up	Down	2.31%
Apr 10	B	Weak or Absent	Up	Up	Down	2.58%
Apr 9	A	Weak or Absent	Up	Up	Flat	0.79%
Apr 8	B	Weak or Absent	Up	Up	Flat	1.08%
Apr 5	B	Weak or Absent	Up	Up	Flat	1.33%
Apr 4	B	Weak or Absent	Up	Up	Down	1.98%
Apr 3	B	Weak or Absent	Up	Up	Flat	0.86%