Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Weak or Absent	Up	Up	Up	1.67%
Nov 7	B	Weak or Absent	Up	Up	Up	3.77%
Nov 6	A	Weak or Absent	Up	Up	Up	-1.89%
Nov 5	A	Weak or Absent	Up	Up	Up	9.32%
Nov 4	B	Weak or Absent	Up	Up	Down	12.12%
Nov 1	B	Weak or Absent	Up	Up	Down	11.72%
Oct 31	B	Weak or Absent	Up	Up	Flat	10.95%
Oct 30	A	Weak or Absent	Up	Up	Up	9.62%
Oct 29	A	Weak or Absent	Up	Up	Flat	9.87%
Oct 28	A	Weak or Absent	Up	Up	Up	9.68%