Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	D	Weak or Absent	Up	Down	Up	8.81%
May 8	D	Weak or Absent	Up	Down	Up	8.33%
May 7	D	Weak or Absent	Up	Down	Up	7.06%
May 6	D	Weak or Absent	Up	Down	Up	7.33%
May 3	D	Weak or Absent	Up	Down	Up	8.95%
May 2	C	Weak or Absent	Up	Down	Up	10.27%
May 1	D	Weak or Absent	Up	Down	Down	12.78%
Apr 30	D	Weak or Absent	Up	Down	Down	12.91%
Apr 29	C	Weak or Absent	Up	Down	Up	10.18%
Apr 26	C	Weak or Absent	Up	Down	Up	9.66%