Trend Table for QVAL - ValueShares U.S. Quantitative Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	C	Weak or Absent	Up	Up	Up	7.23%
Aug 14	C	Weak or Absent	Up	Down	Flat	9.43%
Aug 13	D	Weak or Absent	Up	Down	Flat	9.01%
Aug 12	C	Weak or Absent	Up	Down	Down	9.79%
Aug 9	C	Weak or Absent	Up	Down	Down	9.33%
Aug 8	C	Weak or Absent	Up	Down	Down	9.41%
Aug 7	B	Weak or Absent	Up	Down	Down	11.97%
Aug 6	B	Weak or Absent	Up	Down	Down	10.94%
Aug 5	B	Weak or Absent	Up	Down	Down	11.78%
Aug 2	C	Weak or Absent	Up	Down	Down	9.10%