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
Aug 15	A	Weak or Absent	N/A	Flat	Flat	6.53%
Aug 14	A	Weak or Absent	N/A	Up	Flat	6.40%
Aug 11	A	Weak or Absent	N/A	Flat	Flat	6.83%
Aug 10	A	Weak or Absent	N/A	Flat	Flat	6.71%
Aug 9	B	Weak or Absent	N/A	Flat	Flat	6.80%
Aug 8	A	Weak or Absent	N/A	Flat	Flat	6.59%
Aug 7	B	Weak or Absent	N/A	Flat	Flat	6.70%
Aug 4	B	Weak or Absent	N/A	Flat	Flat	6.71%
Aug 3	B	Weak or Absent	N/A	Flat	Flat	6.83%
Aug 2	B	Strong	N/A	Flat	Flat	6.72%