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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	B	Strong	Up	Up	Flat	2.84%
Jan 17	B	Strong	Up	Up	Flat	2.66%
Jan 16	B	Very Strong	Up	Up	Flat	2.56%
Jan 12	B	Very Strong	Up	Up	Flat	2.56%
Jan 11	B	Very Strong	Up	Up	Flat	2.56%
Jan 10	B	Very Strong	Up	Up	Flat	2.56%
Jan 9	B	Very Strong	Up	Up	Flat	2.48%
Jan 8	B	Very Strong	Up	Up	Flat	2.44%
Jan 5	B	Very Strong	Up	Up	Flat	2.61%
Jan 4	B	Very Strong	Up	Up	Flat	2.61%