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
Nov 8	A	Strong	Flat	Flat	Up	6.46%
Nov 7	A	Strong	Flat	Flat	Up	6.48%
Nov 6	A	Strong	Flat	Flat	Up	6.59%
Nov 3	A	Strong	Flat	Flat	Up	6.51%
Nov 2	B	Strong	Flat	Flat	Up	6.94%
Nov 1	D	Strong	Down	Down	Flat	7.66%
Oct 31	D	Strong	Down	Down	Flat	8.27%
Oct 30	D	Strong	Down	Down	Flat	8.08%
Oct 27	D	Strong	Down	Down	Down	8.53%
Oct 26	D	Strong	Down	Down	Down	8.21%