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
Sep 26	A	Weak or Absent	Up	Up	Up	3.80%
Sep 25	A	Weak or Absent	Up	Up	Flat	4.93%
Sep 24	B	Weak or Absent	Up	Up	Up	4.22%
Sep 23	B	Weak or Absent	Up	Up	Up	4.50%
Sep 20	A	Weak or Absent	Up	Up	Up	4.70%
Sep 19	B	Weak or Absent	Up	Up	Up	4.21%
Sep 18	B	Weak or Absent	Up	Up	Up	5.89%
Sep 17	A	Weak or Absent	Up	Up	Up	5.80%
Sep 16	B	Weak or Absent	Up	Up	Up	5.97%
Sep 13	B	Weak or Absent	Up	Up	Up	6.49%