Trend Table for NNI - Nelnet, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 30	D	Strong	Down	Down	Flat	20.70%
Aug 29	D	Strong	Down	Down	Flat	20.68%
Aug 28	D	Strong	Down	Down	Flat	20.65%
Aug 25	C	Strong	Down	Down	Flat	19.31%
Aug 24	C	Strong	Down	Down	Flat	19.33%
Aug 23	D	Strong	Down	Down	Down	21.51%
Aug 22	D	Strong	Down	Down	Down	23.06%
Aug 21	D	Weak or Absent	Down	Down	Down	21.72%
Aug 18	D	Weak or Absent	Down	Down	Down	19.89%
Aug 17	D	Weak or Absent	Down	Down	Down	19.22%