Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 13	B	Weak or Absent	Up	Flat	Flat	4.26%
Feb 12	C	Weak or Absent	Up	Flat	Flat	4.10%
Feb 9	C	Weak or Absent	Up	Flat	Flat	4.10%
Feb 8	B	Weak or Absent	Up	Flat	Flat	4.10%
Feb 7	B	Weak or Absent	Up	Up	Flat	3.88%
Feb 6	B	Weak or Absent	Up	Up	Flat	3.89%
Feb 5	B	Weak or Absent	Up	Flat	Flat	4.00%
Feb 2	B	Weak or Absent	Up	Up	Flat	3.84%
Feb 1	B	Weak or Absent	Up	Up	Flat	3.68%
Jan 31	B	Weak or Absent	Up	Flat	Flat	4.26%