Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 26	D	Strong	N/A	Flat	Flat	7.22%
May 25	C	Strong	N/A	Flat	Flat	7.17%
May 24	D	Strong	N/A	Flat	Flat	7.11%
May 23	D	Strong	N/A	Flat	Flat	7.00%
May 22	D	Strong	N/A	Down	Flat	7.24%
May 19	C	Strong	N/A	Flat	Flat	7.08%
May 18	C	Strong	N/A	Flat	Flat	6.92%
May 17	C	Strong	N/A	Flat	Flat	6.87%
May 16	C	Strong	N/A	Flat	Flat	6.76%
May 15	C	Strong	N/A	Flat	Flat	6.76%