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 8	B	Strong	Up	Up	Flat	5.26%
Dec 7	A	Strong	Up	Up	Flat	5.42%
Dec 6	A	Strong	Up	Up	Flat	5.39%
Dec 5	A	Strong	Up	Up	Flat	5.44%
Dec 4	B	Strong	Up	Up	Flat	5.45%
Nov 30	A	Strong	Up	Up	Flat	5.60%
Nov 29	A	Weak or Absent	Up	Up	Flat	5.66%
Nov 28	A	Weak or Absent	Up	Up	Flat	5.55%
Nov 27	A	Weak or Absent	Up	Up	Flat	5.71%
Nov 24	A	Strong	Up	Up	Flat	5.66%