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 11	B	Strong	Up	Up	Flat	3.08%
Dec 8	B	Strong	Up	Up	Flat	3.24%
Dec 7	A	Strong	Up	Up	Flat	3.08%
Dec 6	A	Strong	Up	Up	Flat	3.19%
Dec 5	A	Strong	Up	Up	Flat	3.29%
Dec 4	B	Strong	Up	Up	Up	3.29%
Nov 30	A	Strong	Up	Up	Flat	3.61%
Nov 29	A	Strong	Up	Up	Flat	3.71%
Nov 28	A	Strong	Up	Up	Flat	3.87%
Nov 27	A	Strong	Up	Up	Flat	4.08%