Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	B	Strong	Up	Up	Down	0.00%
Nov 20	B	Strong	Up	Up	Down	1.00%
Nov 19	B	Strong	Up	Up	Down	0.68%
Nov 18	B	Strong	Up	Up	Down	0.40%
Nov 15	A	Strong	Up	Up	Up	-1.14%
Nov 14	B	Strong	Up	Up	Up	-1.09%
Nov 13	B	Strong	Up	Up	Up	-1.26%
Nov 12	A	Strong	Up	Up	Up	-2.80%
Nov 11	A	Strong	Up	Up	Up	-3.21%
Nov 8	B	Weak or Absent	Up	Up	Up	-0.37%