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 25	B	Weak or Absent	Up	Flat	Flat	0.18%
Oct 24	B	Weak or Absent	Up	Flat	Flat	0.18%
Oct 23	B	Weak or Absent	Up	Flat	Flat	0.20%
Oct 22	A	Weak or Absent	Up	Flat	Flat	-0.05%
Oct 21	A	Weak or Absent	Up	Flat	Flat	-0.15%
Oct 18	A	Strong	Up	Flat	Flat	-0.30%
Oct 17	A	Strong	Up	Flat	Flat	-0.27%
Oct 16	A	Strong	Up	Flat	Flat	-0.29%
Oct 15	B	Strong	Up	Flat	Flat	-0.20%
Oct 14	B	Strong	Up	Flat	Flat	-0.10%