Trend Table for NNI - Nelnet, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	C	Weak or Absent	Down	Down	Up	17.76%
Sep 13	C	Weak or Absent	Down	Down	Flat	18.78%
Sep 12	C	Strong	Down	Down	Up	18.18%
Sep 11	D	Strong	Down	Down	Flat	19.67%
Sep 8	D	Strong	Down	Down	Flat	19.15%
Sep 7	D	Strong	Down	Down	Down	19.34%
Sep 6	D	Strong	Down	Down	Flat	19.24%
Sep 5	D	Strong	Down	Down	Down	19.68%
Sep 1	D	Strong	Down	Down	Up	17.75%
Aug 31	D	Strong	Down	Down	Flat	18.90%