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 13	D	Strong	Flat	Up	Flat	5.37%
Dec 12	C	Strong	Flat	Up	Flat	5.47%
Dec 9	C	Strong	Flat	Up	Flat	5.53%
Dec 8	C	Strong	Flat	Up	Flat	5.31%
Dec 7	C	Strong	Flat	Up	Flat	5.26%
Dec 6	C	Strong	Flat	Up	Flat	5.53%
Dec 5	D	Strong	Flat	Up	Flat	5.58%
Dec 2	D	Strong	Flat	Up	Flat	5.58%
Dec 1	D	Strong	Flat	Up	Up	5.47%
Nov 30	D	Strong	Down	Up	Flat	5.63%