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
Jan 11	B	Weak or Absent	N/A	N/A	Flat	7.70%
Jan 10	B	Weak or Absent	N/A	N/A	Flat	7.67%
Jan 9	B	Weak or Absent	N/A	N/A	Flat	7.70%
Jan 6	B	Weak or Absent	N/A	N/A	Flat	7.78%
Jan 5	C	Weak or Absent	N/A	N/A	Flat	7.89%
Jan 4	C	Weak or Absent	N/A	N/A	Flat	7.83%
Jan 3	C	Weak or Absent	N/A	N/A	Flat	7.83%
Dec 30	C	Weak or Absent	N/A	N/A	Flat	7.83%
Dec 29	C	Weak or Absent	N/A	N/A	Flat	7.78%
Dec 28	C	Weak or Absent	N/A	N/A	Flat	7.86%