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
Oct 16	C	Strong	Down	Down	Flat	5.88%
Oct 13	B	Strong	Flat	Flat	Flat	5.55%
Oct 12	B	Strong	Down	Flat	Flat	5.77%
Oct 11	C	Strong	Down	Flat	Flat	5.60%
Oct 10	C	Strong	Down	Down	Flat	5.88%
Oct 9	D	Strong	Down	Down	Flat	5.93%
Oct 6	D	Strong	Down	Down	Flat	6.20%
Oct 5	D	Strong	Down	Down	Flat	6.04%
Oct 4	D	Strong	Down	Down	Flat	6.15%
Oct 3	D	Strong	Down	Down	Flat	6.20%