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 12	B	Strong	Up	Up	Up	4.79%
Jan 11	B	Strong	Flat	Up	Flat	5.00%
Jan 10	B	Strong	Flat	Up	Flat	5.10%
Jan 9	B	Strong	Flat	Up	Flat	5.10%
Jan 6	B	Strong	Flat	Up	Flat	5.21%
Jan 5	B	Strong	Flat	Up	Flat	5.42%
Jan 4	B	Strong	Flat	Up	Flat	5.58%
Jan 3	C	Strong	Flat	Flat	Flat	5.74%
Dec 30	C	Strong	Flat	Flat	Flat	5.79%
Dec 29	C	Strong	Flat	Flat	Flat	5.79%