Trend Table for MFEM - PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	B	Weak or Absent	Up	Up	Flat	14.54%
May 19	B	Weak or Absent	Up	Flat	Flat	14.89%
May 18	B	Weak or Absent	Up	Flat	Down	14.92%
May 17	B	Weak or Absent	Up	Flat	Down	14.95%
May 16	B	Weak or Absent	Up	Flat	Down	15.35%
May 15	A	Weak or Absent	Up	Up	Flat	14.07%
May 12	B	Weak or Absent	Up	Flat	Down	15.36%
May 11	B	Weak or Absent	Up	Up	Flat	14.36%
May 10	B	Weak or Absent	Up	Up	Up	13.48%
May 9	A	Weak or Absent	Up	Up	Up	13.42%