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
Dec 26	B	Strong	Up	Up	Flat	2.45%
Dec 22	B	Strong	Up	Up	Flat	2.51%
Dec 21	B	Strong	Up	Up	Flat	2.36%
Dec 20	B	Strong	Up	Up	Flat	2.36%
Dec 19	B	Strong	Up	Up	Flat	2.57%
Dec 18	B	Strong	Up	Up	Flat	2.62%
Dec 15	B	Strong	Up	Up	Flat	2.72%
Dec 14	B	Strong	Up	Up	Flat	2.67%
Dec 13	B	Strong	Up	Up	Flat	2.96%
Dec 12	B	Strong	Up	Up	Flat	3.14%