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
Aug 1	A	Strong	N/A	Up	Flat	6.47%
Jul 31	B	Strong	N/A	Up	Flat	6.48%
Jul 28	C	Strong	N/A	Flat	Flat	6.65%
Jul 27	A	Strong	N/A	Up	Flat	6.48%
Jul 26	A	Strong	N/A	Up	Flat	6.56%
Jul 25	A	Strong	N/A	Up	Flat	6.53%
Jul 24	A	Weak or Absent	N/A	Up	Flat	6.43%
Jul 21	A	Weak or Absent	N/A	Up	Flat	6.61%
Jul 20	A	Weak or Absent	N/A	Up	Flat	6.61%
Jul 19	B	Weak or Absent	N/A	Up	Flat	6.61%