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
Aug 1	A	Strong	Up	Up	Flat	0.70%
Jul 31	A	Strong	Up	Up	Flat	0.87%
Jul 30	A	Strong	Up	Up	Flat	0.98%
Jul 29	A	Strong	Up	Up	Flat	1.00%
Jul 26	A	Strong	Up	Up	Flat	1.00%
Jul 25	A	Strong	Up	Up	Flat	1.08%
Jul 24	A	Strong	Up	Up	Flat	1.08%
Jul 23	A	Strong	Up	Up	Flat	1.05%
Jul 22	A	Strong	Up	Up	Flat	1.17%
Jul 19	A	Strong	Up	Up	Flat	1.14%