Trend Table for NIC - Nicolet Bankshares Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	D	Weak or Absent	Up	Down	Down	17.15%
Sep 25	D	Weak or Absent	Up	Down	Down	17.90%
Sep 24	C	Weak or Absent	Up	Flat	Down	16.06%
Sep 23	C	Weak or Absent	Up	Up	Flat	14.69%
Sep 20	C	Weak or Absent	Up	Up	Up	13.78%
Sep 19	C	Weak or Absent	Up	Up	Up	10.94%
Sep 18	C	Weak or Absent	Up	Up	Up	13.63%
Sep 17	C	Weak or Absent	Up	Up	Up	13.66%
Sep 16	C	Weak or Absent	Up	Up	Up	13.58%
Sep 13	C	Weak or Absent	Up	Up	Up	14.82%