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
May 15	C	Weak or Absent	Up	Flat	Flat	4.93%
May 12	B	Weak or Absent	Up	Flat	Flat	4.82%
May 11	B	Weak or Absent	Up	Flat	Flat	4.77%
May 10	B	Weak or Absent	Up	Flat	Flat	4.72%
May 9	B	Weak or Absent	Up	Flat	Flat	4.77%
May 8	B	Weak or Absent	Up	Flat	Flat	4.82%
May 5	B	Weak or Absent	Up	Flat	Flat	4.77%
May 4	B	Weak or Absent	Up	Flat	Flat	4.77%
May 3	B	Weak or Absent	Up	Flat	Flat	4.80%
May 2	B	Weak or Absent	Up	Flat	Flat	4.88%