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 1	B	Weak or Absent	Up	Up	Flat	5.80%
Jul 31	A	Weak or Absent	Up	Up	Up	3.54%
Jul 30	A	Weak or Absent	Up	Up	Up	3.70%
Jul 29	A	Weak or Absent	Up	Up	Up	4.62%
Jul 26	A	Weak or Absent	Up	Up	Up	4.76%
Jul 25	A	Weak or Absent	Up	Up	Flat	6.47%
Jul 24	C	Weak or Absent	Up	Flat	Down	7.82%
Jul 23	C	Weak or Absent	Up	Up	Flat	7.08%
Jul 22	A	Weak or Absent	Up	Up	Up	6.10%
Jul 19	C	Weak or Absent	Up	Up	Up	7.15%