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
Jan 24	B	Weak or Absent	Up	Up	Up	17.05%
Jan 23	B	Weak or Absent	Up	Up	Up	16.96%
Jan 22	B	Weak or Absent	Up	Up	Flat	17.25%
Jan 19	B	Strong	Up	Up	Flat	17.83%
Jan 18	B	Strong	Up	Flat	Down	19.22%
Jan 17	C	Strong	Up	Flat	Down	20.03%
Jan 16	B	Strong	Up	Up	Down	18.72%
Jan 15	C	Strong	Up	Up	Down	17.64%
Jan 12	B	Strong	Up	Up	Down	17.34%
Jan 11	B	Strong	Up	Up	Down	17.05%