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 3	A	Very Strong	Up	Up	Flat	2.40%
Jan 2	B	Very Strong	Up	Up	Flat	2.45%
Dec 29	B	Very Strong	Up	Up	Flat	2.45%
Dec 28	B	Strong	Up	Up	Flat	2.40%
Dec 27	B	Strong	Up	Up	Flat	2.40%
Dec 26	B	Strong	Up	Up	Flat	2.66%
Dec 22	B	Strong	Up	Up	Flat	2.71%
Dec 21	B	Strong	Up	Up	Flat	2.57%
Dec 20	B	Strong	Up	Up	Flat	2.57%
Dec 19	B	Strong	Up	Up	Flat	2.77%