Trend Table for FMB - First Trust Managed Municipal ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	B	Weak or Absent	Up	Flat	Flat	5.40%
May 26	C	Weak or Absent	Flat	Down	Flat	5.88%
May 25	C	Weak or Absent	Flat	Down	Down	6.13%
May 24	F	Weak or Absent	Flat	Down	Down	6.40%
May 23	C	Weak or Absent	Flat	Down	Down	6.10%
May 22	C	Weak or Absent	Flat	Down	Down	5.86%
May 19	B	Weak or Absent	Flat	Down	Down	5.69%
May 18	B	Weak or Absent	Up	Flat	Down	5.28%
May 17	A	Weak or Absent	Up	Flat	Flat	4.78%
May 16	A	Weak or Absent	Up	Flat	Flat	4.61%