Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	B	Strong	Up	Up	Flat	4.80%
Dec 21	C	Strong	Up	Up	Flat	5.07%
Dec 20	B	Strong	Up	Up	Flat	4.78%
Dec 19	B	Strong	Up	Up	Flat	5.01%
Dec 18	B	Strong	Up	Up	Flat	5.04%
Dec 15	B	Strong	Up	Up	Flat	4.93%
Dec 14	B	Strong	Up	Up	Flat	4.89%
Dec 13	B	Strong	Up	Up	Flat	4.91%
Dec 12	B	Strong	Up	Up	Flat	5.02%
Dec 11	B	Strong	Up	Up	Flat	5.10%