Trend Table for VFMO - Vanguard U.S. Momentum Factor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	A	Strong	Up	Up	Up	40.32%
Dec 12	A	Strong	Up	Up	Up	42.73%
Dec 11	A	Strong	Up	Up	Up	43.57%
Dec 8	A	Strong	Up	Up	Up	44.54%
Dec 7	B	Strong	Up	Up	Up	46.19%
Dec 6	B	Strong	Up	Up	Flat	47.57%
Dec 5	B	Strong	Up	Up	Up	46.44%
Dec 4	B	Strong	Up	Up	Up	45.60%
Nov 30	B	Strong	Up	Up	Up	48.54%
Nov 29	B	Strong	Up	Up	Up	49.52%