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
Sep 8	C	Weak or Absent	Flat	Flat	Flat	5.02%
Sep 7	C	Weak or Absent	Flat	Flat	Flat	5.07%
Sep 6	C	Weak or Absent	Flat	Flat	Flat	5.02%
Sep 5	C	Weak or Absent	Flat	Flat	Flat	5.10%
Sep 1	D	Weak or Absent	Flat	Flat	Flat	5.13%
Aug 31	D	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 30	D	Weak or Absent	Flat	Flat	Flat	5.07%
Aug 29	D	Weak or Absent	Flat	Flat	Flat	5.13%
Aug 28	C	Weak or Absent	Flat	Flat	Flat	5.07%
Aug 25	F	Weak or Absent	Flat	Flat	Flat	5.26%