Trend Table for QDEF - FlexShares Quality Dividend Defensive Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	A	Weak or Absent	Up	Up	Up	13.92%
May 17	A	Weak or Absent	Up	Up	Up	13.79%
May 16	A	Weak or Absent	Up	Up	Up	13.70%
May 15	A	Weak or Absent	Up	Up	Up	13.56%
May 14	A	Weak or Absent	Up	Up	Up	14.83%
May 13	B	Weak or Absent	Up	Up	Up	15.42%
May 10	B	Weak or Absent	Up	Up	Up	15.42%
May 9	B	Weak or Absent	Up	Up	Up	15.93%
May 8	B	Weak or Absent	Up	Up	Up	16.53%
May 7	C	Weak or Absent	Up	Up	Up	16.73%