Trend Table for HQL - H&Q Life Sciences Investors

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Strong	Up	Up	Up	6.51%
May 14	A	Strong	Up	Up	Up	8.10%
May 13	A	Strong	Up	Up	Up	9.34%
May 10	A	Strong	Up	Up	Up	9.66%
May 9	A	Weak or Absent	Up	Up	Up	9.90%
May 8	C	Weak or Absent	Up	Up	Up	10.86%
May 7	C	Weak or Absent	Up	Up	Up	10.54%
May 6	C	Weak or Absent	Up	Up	Up	11.10%
May 3	B	Weak or Absent	Up	Up	Up	11.76%
May 2	B	Weak or Absent	Up	Up	Up	12.67%