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
May 24	C	Weak or Absent	Up	Flat	Flat	2.55%
May 23	C	Weak or Absent	Up	Flat	Flat	2.63%
May 22	C	Weak or Absent	Up	Flat	Flat	2.42%
May 21	C	Weak or Absent	Up	Flat	Flat	2.37%
May 20	C	Weak or Absent	Up	Flat	Flat	2.35%
May 17	B	Weak or Absent	Up	Flat	Flat	2.25%
May 16	B	Weak or Absent	Up	Flat	Flat	2.20%
May 15	B	Weak or Absent	Up	Flat	Flat	2.20%
May 14	B	Weak or Absent	Up	Flat	Flat	2.25%
May 13	C	Weak or Absent	Up	Flat	Flat	2.25%