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
May 22	D	Weak or Absent	Flat	Down	Flat	5.38%
May 19	D	Weak or Absent	Flat	Down	Flat	5.33%
May 18	C	Weak or Absent	Flat	Flat	Flat	5.28%
May 17	C	Weak or Absent	Up	Flat	Flat	4.85%
May 16	C	Weak or Absent	Up	Flat	Flat	4.85%
May 15	C	Weak or Absent	Up	Flat	Flat	4.80%
May 12	B	Weak or Absent	Up	Flat	Flat	4.69%
May 11	B	Weak or Absent	Up	Flat	Flat	4.64%
May 10	B	Weak or Absent	Up	Flat	Flat	4.59%
May 9	B	Weak or Absent	Up	Flat	Flat	4.64%