Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Weak or Absent	Up	Up	Down	1.63%
Nov 19	B	Weak or Absent	Up	Up	Down	1.51%
Nov 18	B	Weak or Absent	Up	Up	Down	2.44%
Nov 15	B	Weak or Absent	Up	Up	Down	2.41%
Nov 14	B	Strong	Up	Up	Down	0.20%
Nov 13	B	Strong	Up	Up	Up	-1.67%
Nov 12	A	Strong	Up	Up	Up	-1.97%
Nov 11	A	Strong	Up	Up	Up	-2.87%
Nov 8	A	Weak or Absent	Up	Up	Up	-2.22%
Nov 7	A	Weak or Absent	Up	Up	Up	-2.01%