Trend Table for FSMB - First Trust Short Duration Managed Municipal ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Flat	1.14%
Jul 17	A	Strong	Up	Up	Flat	1.14%
Jul 16	B	Strong	Up	Up	Flat	1.19%
Jul 15	B	Strong	Up	Up	Flat	1.32%
Jul 12	B	Strong	Up	Up	Flat	1.25%
Jul 11	B	Strong	Up	Up	Flat	1.30%
Jul 10	B	Strong	Up	Up	Flat	1.48%
Jul 9	B	Strong	Up	Up	Flat	1.45%
Jul 8	B	Strong	Up	Flat	Flat	1.76%
Jul 5	B	Strong	Up	Flat	Flat	1.61%