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
Sep 26	B	Strong	Up	Flat	Flat	-0.10%
Sep 25	A	Strong	Up	Up	Flat	-0.25%
Sep 24	A	Strong	Up	Up	Flat	-0.20%
Sep 23	A	Strong	Up	Up	Flat	-0.15%
Sep 20	A	Strong	Up	Up	Flat	-0.20%
Sep 19	A	Strong	Up	Up	Flat	-0.15%
Sep 18	A	Strong	Up	Up	Flat	-0.15%
Sep 17	A	Strong	Up	Up	Flat	-0.15%
Sep 16	A	Strong	Up	Up	Flat	-0.15%
Sep 13	A	Strong	Up	Up	Flat	-0.10%