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
Feb 23	D	Weak or Absent	N/A	Flat	Flat	7.86%
Feb 22	D	Weak or Absent	N/A	Flat	Flat	7.92%
Feb 21	D	Weak or Absent	N/A	Flat	Flat	7.92%
Feb 17	F	Weak or Absent	N/A	Flat	Flat	7.97%
Feb 16	F	Weak or Absent	N/A	Down	Flat	8.35%
Feb 15	F	Weak or Absent	N/A	Flat	Flat	8.13%
Feb 14	F	Weak or Absent	N/A	Flat	Flat	7.89%
Feb 13	D	Weak or Absent	N/A	N/A	Flat	7.89%
Feb 10	B	Weak or Absent	N/A	N/A	Flat	7.73%
Feb 9	D	Weak or Absent	N/A	N/A	Flat	7.75%