Trend Table for NNI - Nelnet, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	D	Weak or Absent	Down	Up	Up	23.18%
Dec 22	D	Weak or Absent	Down	Up	Flat	24.56%
Dec 21	D	Weak or Absent	Down	Up	Up	23.98%
Dec 20	D	Weak or Absent	Down	Flat	Down	26.37%
Dec 19	D	Weak or Absent	Down	Up	Up	23.84%
Dec 18	D	Weak or Absent	Down	Up	Up	24.89%
Dec 15	D	Weak or Absent	Down	Up	Up	23.87%
Dec 14	D	Weak or Absent	Down	Up	Up	24.24%
Dec 13	D	Weak or Absent	Down	Up	Up	23.97%
Dec 12	F	Weak or Absent	Down	Flat	Up	26.89%