Trend Table for UDIV - Manulife Smart U.S. Dividend ETF (Hedged

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	A	Weak or Absent	Up	Up	Flat	10.08%
May 31	A	Weak or Absent	Up	Up	Flat	10.26%
May 30	B	Weak or Absent	Up	Up	Down	10.61%
May 29	C	Weak or Absent	Up	Flat	Down	11.85%
May 28	B	Weak or Absent	Up	Up	Down	10.78%
May 27	A	Weak or Absent	Up	Up	Down	10.00%
May 24	A	Weak or Absent	Up	Up	Down	10.26%
May 23	B	Weak or Absent	Up	Up	Down	10.52%
May 22	A	Weak or Absent	Up	Up	Flat	9.39%
May 21	A	Weak or Absent	Up	Up	Up	8.80%