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 12	B	Weak or Absent	Up	Up	Flat	8.15%
Sep 11	B	Weak or Absent	Up	Flat	Down	8.77%
Sep 10	C	Weak or Absent	Up	Flat	Down	9.32%
Sep 9	B	Weak or Absent	Up	Flat	Down	9.14%
Sep 6	C	Weak or Absent	Up	Down	Down	10.00%
Sep 5	B	Weak or Absent	Up	Up	Down	8.20%
Sep 4	B	Weak or Absent	Up	Up	Down	7.69%
Aug 30	A	Weak or Absent	Up	Up	Up	5.39%
Aug 29	A	Weak or Absent	Up	Up	Up	6.28%
Aug 28	A	Weak or Absent	Up	Up	Up	6.68%