Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 28	D	Strong	Flat	Down	Flat	5.16%
Feb 27	D	Strong	Flat	Down	Flat	5.33%
Feb 26	D	Strong	Flat	Down	Flat	5.28%
Feb 23	D	Weak or Absent	Flat	Down	Down	5.27%
Feb 22	D	Weak or Absent	Flat	Down	Down	5.33%
Feb 21	D	Weak or Absent	Up	Down	Down	4.96%
Feb 20	C	Weak or Absent	Up	Flat	Down	4.85%
Feb 16	C	Weak or Absent	Up	Down	Down	5.06%
Feb 15	C	Weak or Absent	Up	Flat	Flat	4.21%
Feb 14	B	Weak or Absent	Up	Flat	Flat	4.37%