Trend Table for CNEQ - Alger Concentrated Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	B	Weak or Absent	N/A	N/A	Up	10.93%
May 21	B	Weak or Absent	N/A	N/A	Up	10.50%
May 20	B	Weak or Absent	N/A	N/A	Up	10.82%
May 16	B	Weak or Absent	N/A	N/A	Up	11.47%
May 15	B	Weak or Absent	N/A	N/A	Up	10.89%
May 13	B	Weak or Absent	N/A	N/A	Up	13.71%
May 9	A	Weak or Absent	N/A	N/A	Up	13.78%
May 6	A	Weak or Absent	N/A	N/A	Up	14.07%
May 3	B	Weak or Absent	N/A	N/A	Up	15.95%
May 2	B	Weak or Absent	N/A	N/A	Up	18.23%