Trend Table for HPR - Horizons Active Preferred Share ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	A	Strong	Up	Up	Flat	4.56%
May 10	A	Strong	Up	Up	Up	4.44%
May 9	A	Strong	Up	Up	Up	4.68%
May 8	A	Strong	Up	Up	Up	4.80%
May 7	A	Strong	Up	Up	Up	4.44%
May 6	A	Strong	Up	Up	Up	4.56%
May 3	A	Strong	Up	Up	Up	4.56%
May 2	A	Strong	Up	Up	Up	5.41%
May 1	A	Strong	Up	Up	Up	6.02%
Apr 30	A	Strong	Up	Up	Up	6.40%