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
Dec 28	B	Strong	Flat	Flat	Flat	5.85%
Dec 27	C	Strong	Flat	Flat	Flat	5.85%
Dec 23	C	Strong	Flat	Up	Flat	5.79%
Dec 22	C	Strong	Flat	Up	Flat	5.61%
Dec 21	C	Strong	Flat	Up	Flat	5.58%
Dec 20	C	Strong	Flat	Up	Flat	5.63%
Dec 19	C	Strong	Flat	Up	Flat	5.37%
Dec 16	C	Strong	Flat	Up	Flat	5.42%
Dec 15	C	Strong	Flat	Up	Flat	5.37%
Dec 14	D	Strong	Flat	Up	Flat	5.53%