Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Strong	Up	Up	Down	1.89%
Nov 19	B	Strong	Up	Up	Down	1.58%
Nov 18	B	Strong	Up	Up	Down	1.29%
Nov 15	A	Strong	Up	Up	Up	-0.26%
Nov 14	B	Strong	Up	Up	Up	-0.21%
Nov 13	B	Strong	Up	Up	Up	-0.38%
Nov 12	A	Strong	Up	Up	Up	-1.94%
Nov 11	A	Strong	Up	Up	Up	-2.35%
Nov 8	B	Weak or Absent	Up	Up	Up	0.51%
Nov 7	B	Weak or Absent	Up	Up	Up	2.59%