Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	C	Weak or Absent	Up	Flat	Down	7.17%
May 22	C	Weak or Absent	Up	Up	Up	4.76%
May 21	C	Weak or Absent	Up	Up	Up	4.55%
May 20	C	Weak or Absent	Up	Up	Up	4.71%
May 17	C	Weak or Absent	Up	Up	Up	5.82%
May 16	D	Weak or Absent	Up	Flat	Up	6.84%
May 15	C	Weak or Absent	Up	Up	Up	5.34%
May 14	D	Weak or Absent	Up	Down	Up	7.50%
May 13	D	Weak or Absent	Up	Down	Flat	9.09%
May 10	D	Weak or Absent	Up	Down	Flat	9.72%