Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 12	A	Strong	N/A	Flat	Flat	6.31%
May 11	A	Strong	N/A	Flat	Flat	6.23%
May 10	A	Strong	N/A	Flat	Flat	6.39%
May 9	B	Strong	N/A	Flat	Flat	6.63%
May 8	B	Strong	N/A	Flat	Flat	6.55%
May 5	A	Strong	N/A	Flat	Flat	6.40%
May 4	A	Strong	N/A	Flat	Flat	6.31%
May 3	A	Strong	N/A	Flat	Flat	6.47%
May 2	A	Strong	N/A	Flat	Flat	6.52%
May 1	B	Strong	N/A	Flat	Flat	6.66%