Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 24	C	Weak or Absent	Up	Flat	Down	15.27%
Sep 23	C	Weak or Absent	Up	Up	Flat	13.91%
Sep 20	C	Weak or Absent	Up	Up	Up	13.01%
Sep 19	C	Weak or Absent	Up	Up	Up	10.18%
Sep 18	C	Weak or Absent	Up	Up	Up	12.86%
Sep 17	C	Weak or Absent	Up	Up	Up	12.89%
Sep 16	C	Weak or Absent	Up	Up	Up	12.81%
Sep 13	C	Weak or Absent	Up	Up	Up	14.04%
Sep 12	C	Strong	Up	Up	Down	17.10%
Sep 11	C	Strong	Up	Up	Down	17.38%