Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 2	D	Weak or Absent	Up	Down	Down	0.00%
Oct 1	D	Weak or Absent	Up	Down	Down	-0.89%
Sep 30	C	Weak or Absent	Up	Up	Down	-4.99%
Sep 27	D	Weak or Absent	Up	Down	Down	-3.78%
Sep 26	D	Weak or Absent	Up	Down	Down	-3.73%
Sep 25	D	Weak or Absent	Up	Down	Down	-3.11%
Sep 24	C	Weak or Absent	Up	Flat	Down	-4.63%
Sep 23	C	Weak or Absent	Up	Up	Flat	-5.76%
Sep 20	C	Weak or Absent	Up	Up	Up	-6.50%
Sep 19	C	Weak or Absent	Up	Up	Up	-8.84%