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
Oct 24	B	Weak or Absent	Up	Up	Down	3.30%
Oct 23	B	Weak or Absent	Up	Up	Down	3.47%
Oct 22	B	Weak or Absent	Up	Up	Down	2.83%
Oct 21	B	Weak or Absent	Up	Up	Flat	2.64%
Oct 18	A	Weak or Absent	Up	Up	Up	1.54%
Oct 17	A	Weak or Absent	Up	Up	Up	1.63%
Oct 16	A	Weak or Absent	Up	Up	Up	1.63%
Oct 15	A	Weak or Absent	Up	Up	Up	2.40%
Oct 14	A	Weak or Absent	Up	Up	Up	1.50%
Oct 11	A	Weak or Absent	Up	Up	Up	2.36%