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
Feb 9	C	Strong	Up	Flat	Flat	4.84%
Feb 8	C	Strong	Up	Flat	Flat	4.68%
Feb 7	D	Strong	Up	Flat	Flat	4.68%
Feb 6	D	Strong	Up	Up	Flat	4.65%
Feb 3	C	Strong	Up	Up	Flat	4.50%
Feb 2	C	Strong	Up	Up	Flat	4.26%
Feb 1	C	Strong	Up	Up	Flat	4.42%
Jan 31	C	Strong	Up	Up	Flat	4.55%
Jan 30	C	Strong	Up	Up	Flat	4.73%
Jan 27	D	Strong	Up	Up	Flat	4.63%