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
Dec 7	B	Strong	Up	Up	Up	19.34%
Dec 6	B	Strong	Up	Up	Up	20.15%
Dec 5	B	Strong	Up	Up	Up	20.36%
Dec 4	B	Weak or Absent	Up	Up	Up	19.34%
Dec 1	B	Weak or Absent	Up	Up	Up	19.44%
Nov 30	C	Weak or Absent	Flat	Up	Up	21.29%
Nov 29	B	Weak or Absent	Down	Up	Up	21.91%
Nov 28	C	Weak or Absent	Down	Up	Flat	22.98%
Nov 27	C	Weak or Absent	Down	Up	Flat	23.08%
Nov 24	B	Weak or Absent	Down	Up	Up	22.66%