Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	B	Weak or Absent	Up	Up	Flat	4.52%
Jan 23	C	Weak or Absent	Up	Flat	Flat	4.79%
Jan 22	B	Weak or Absent	Up	Up	Flat	4.58%
Jan 19	B	Weak or Absent	Up	Up	Flat	4.79%
Jan 18	B	Weak or Absent	Up	Flat	Flat	4.95%
Jan 17	A	Weak or Absent	Up	Up	Flat	4.79%
Jan 16	A	Weak or Absent	Up	Up	Up	4.35%
Jan 12	B	Weak or Absent	Up	Up	Flat	4.78%
Jan 11	B	Weak or Absent	Up	Up	Flat	4.72%
Jan 10	B	Weak or Absent	Up	Up	Flat	4.83%