Trend Table for GIAX - Nicholas Global Equity and Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	B	Weak or Absent	N/A	N/A	Up	4.96%
Sep 12	C	Weak or Absent	N/A	N/A	Up	5.57%
Sep 11	C	Weak or Absent	N/A	N/A	Flat	6.25%
Sep 10	D	Weak or Absent	N/A	N/A	Down	7.47%
Sep 9	D	Weak or Absent	N/A	N/A	Down	7.57%
Sep 6	D	Weak or Absent	N/A	N/A	Down	8.78%
Sep 5	D	Weak or Absent	N/A	N/A	Down	7.15%
Sep 4	D	Weak or Absent	N/A	N/A	Down	7.06%
Sep 3	D	Weak or Absent	N/A	N/A	Flat	5.31%
Aug 30	B	Weak or Absent	N/A	N/A	Flat	4.99%