Trend Table for QUAL - iShares MSCI USA Quality Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	B	Strong	Up	Up	Up	26.23%
Dec 21	A	Strong	Up	Up	Up	26.08%
Dec 20	A	Strong	Up	Up	Flat	27.20%
Dec 19	A	Strong	Up	Up	Up	25.54%
Dec 18	A	Strong	Up	Up	Up	26.11%
Dec 15	A	Strong	Up	Up	Up	26.99%
Dec 14	A	Strong	Up	Up	Up	26.88%
Dec 13	A	Strong	Up	Up	Up	26.83%
Dec 12	A	Strong	Up	Up	Up	28.26%
Dec 11	A	Strong	Up	Up	Up	29.26%