Trend Table for CNEQ - Alger Concentrated Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	C	Weak or Absent	N/A	Up	Up	4.16%
Aug 15	C	Weak or Absent	N/A	Up	Up	4.14%
Aug 14	D	Weak or Absent	N/A	Down	Up	6.44%
Aug 13	D	Strong	N/A	Down	Up	7.37%
Aug 12	D	Strong	N/A	Down	Up	10.19%
Aug 9	D	Strong	N/A	Down	Up	10.66%
Aug 8	D	Strong	N/A	Down	Flat	11.78%
Aug 7	D	Strong	N/A	Down	Down	15.54%
Aug 6	D	Strong	N/A	Down	Down	14.11%
Aug 5	F	Strong	N/A	Down	Down	16.19%