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
Feb 23	B	Strong	Up	Flat	Flat	2.11%
Feb 22	B	Strong	Up	Flat	Flat	2.31%
Feb 21	B	Strong	Up	Flat	Flat	2.26%
Feb 20	B	Strong	Up	Flat	Flat	2.34%
Feb 16	B	Weak or Absent	Up	Flat	Flat	2.39%
Feb 15	B	Weak or Absent	Up	Flat	Flat	2.26%
Feb 14	B	Strong	Up	Flat	Flat	2.39%
Feb 13	B	Strong	Up	Flat	Flat	2.49%
Feb 12	B	Strong	Up	Flat	Flat	2.34%
Feb 9	C	Strong	Up	Flat	Flat	2.44%