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
Dec 14	C	Weak or Absent	N/A	N/A	N/A	7.01%
Dec 13	C	Weak or Absent	N/A	N/A	N/A	6.95%
Dec 12	C	Weak or Absent	N/A	N/A	N/A	7.14%
Dec 9	C	Weak or Absent	N/A	N/A	N/A	7.06%
Dec 8	C	Weak or Absent	N/A	N/A	N/A	7.06%
Dec 7	C	Weak or Absent	N/A	N/A	N/A	7.11%
Dec 6	C	Weak or Absent	N/A	N/A	N/A	8.61%
Dec 5	C	Weak or Absent	N/A	N/A	N/A	7.95%
Dec 1	D	Weak or Absent	N/A	N/A	N/A	6.95%