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 10	A	Weak or Absent	Up	Up	Flat	3.35%
Oct 9	A	Weak or Absent	Up	Up	Up	2.90%
Oct 8	B	Weak or Absent	Up	Up	Flat	3.65%
Oct 7	B	Weak or Absent	Up	Up	Flat	4.00%
Oct 4	A	Weak or Absent	Up	Up	Flat	3.16%
Oct 3	B	Weak or Absent	Up	Up	Down	4.21%
Oct 2	B	Weak or Absent	Up	Up	Flat	3.90%
Oct 1	B	Weak or Absent	Up	Up	Flat	3.74%
Sep 30	A	Weak or Absent	Up	Up	Up	2.73%
Sep 27	B	Weak or Absent	Up	Up	Up	2.87%