Trend Table for NNI - Nelnet, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Up	0.47%
May 17	A	Strong	Up	Up	Up	-1.58%
May 16	B	Strong	Up	Up	Up	-0.96%
May 15	A	Strong	Up	Up	Up	-1.97%
May 14	A	Strong	Up	Up	Up	-1.54%
May 13	B	Strong	Up	Up	Up	5.06%
May 10	A	Strong	Up	Up	Up	-0.65%
May 9	B	Weak or Absent	Up	Up	Up	10.08%
May 8	B	Weak or Absent	Up	Up	Up	12.14%
May 7	B	Weak or Absent	Up	Up	Up	12.63%