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
Sep 26	B	Strong	Up	Up	Flat	0.12%
Sep 25	B	Strong	Up	Up	Flat	0.11%
Sep 24	B	Strong	Up	Up	Flat	-0.19%
Sep 23	B	Strong	Up	Up	Flat	0.19%
Sep 20	A	Strong	Up	Up	Flat	-0.11%
Sep 19	A	Strong	Up	Up	Up	-0.39%
Sep 18	A	Strong	Up	Up	Flat	0.04%
Sep 17	A	Strong	Up	Up	Up	-0.09%
Sep 16	A	Strong	Up	Up	Up	-0.02%
Sep 13	A	Strong	Up	Up	Up	0.08%