Trend Table for SUBD - VanEck Australian Subordinated Debt ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	A	Weak or Absent	Up	Flat	Flat	0.12%
May 15	B	Weak or Absent	Up	Flat	Flat	0.16%
May 14	B	Weak or Absent	Up	Flat	Flat	0.16%
May 13	B	Strong	Up	Flat	Flat	0.12%
May 10	A	Strong	Up	Flat	Flat	0.16%
May 9	A	Strong	Up	Flat	Flat	0.20%
May 8	B	Strong	Up	Flat	Flat	0.24%
May 7	B	Strong	Up	Flat	Flat	0.24%
May 6	A	Strong	Up	Flat	Flat	0.24%
May 3	B	Strong	Up	Flat	Flat	0.32%