Trend Table for FSMB - First Trust Short Duration Managed Municipal ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 13	A	Strong	Flat	Up	Flat	4.84%
Nov 10	A	Strong	Flat	Up	Flat	4.94%
Nov 9	A	Strong	Flat	Up	Up	5.00%
Nov 8	A	Strong	Flat	Up	Up	4.94%
Nov 7	A	Strong	Flat	Up	Up	5.05%
Nov 6	B	Strong	Flat	Flat	Flat	5.40%
Nov 3	B	Strong	Flat	Flat	Up	5.32%
Nov 2	C	Strong	Down	Flat	Flat	5.70%
Nov 1	D	Strong	Down	Flat	Flat	6.00%
Oct 31	D	Strong	Down	Flat	Flat	6.03%