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
Jan 26	C	Strong	Up	Up	Flat	4.58%
Jan 25	C	Strong	Up	Up	Flat	4.63%
Jan 24	C	Strong	Up	Up	Flat	4.63%
Jan 23	C	Strong	Up	Up	Flat	4.63%
Jan 20	C	Strong	Up	Up	Flat	4.58%
Jan 19	B	Strong	Up	Up	Flat	4.47%
Jan 18	C	Strong	Up	Up	Flat	4.52%
Jan 17	C	Strong	Up	Up	Flat	4.73%
Jan 13	B	Strong	Up	Up	Flat	4.79%
Jan 12	B	Strong	Up	Up	Up	4.73%