Trend Table for FSMB - First Trust Short Duration Managed Municipal ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 24	A	Strong	Up	Up	Flat	1.23%
Jul 23	A	Strong	Up	Up	Flat	1.20%
Jul 22	A	Strong	Up	Up	Flat	1.32%
Jul 19	A	Strong	Up	Up	Flat	1.30%
Jul 18	A	Strong	Up	Up	Flat	1.30%
Jul 17	A	Strong	Up	Up	Flat	1.30%
Jul 16	B	Strong	Up	Up	Flat	1.35%
Jul 15	B	Strong	Up	Up	Flat	1.48%
Jul 12	B	Strong	Up	Up	Flat	1.40%
Jul 11	B	Strong	Up	Up	Flat	1.45%