Trend Table for HSMV - First Trust Horizon Managed Volatility Small/Mid ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	D	Weak or Absent	Down	Down	Flat	29.69%
May 5	C	Weak or Absent	Down	Down	Flat	28.79%
May 4	D	Weak or Absent	Down	Down	Down	30.67%
May 3	D	Weak or Absent	Down	Down	Down	29.50%
May 2	D	Weak or Absent	Down	Down	Down	29.18%
May 1	D	Weak or Absent	Down	Down	Flat	27.45%
Apr 28	D	Weak or Absent	Down	Down	Flat	27.46%
Apr 27	D	Weak or Absent	Down	Down	Flat	28.23%
Apr 26	D	Weak or Absent	Down	Down	Down	30.51%
Apr 25	D	Weak or Absent	Down	Down	Down	29.28%