Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 25	D	Weak or Absent	Up	Down	Flat	12.03%
Apr 24	D	Weak or Absent	Up	Down	Flat	11.47%
Apr 23	D	Weak or Absent	Up	Down	Flat	10.64%
Apr 22	D	Weak or Absent	Up	Down	Down	13.52%
Apr 19	C	Weak or Absent	Up	Down	Down	15.55%
Apr 18	C	Weak or Absent	Up	Down	Down	13.07%
Apr 17	B	Weak or Absent	Up	Down	Down	12.97%
Apr 16	C	Weak or Absent	Up	Down	Down	11.79%
Apr 15	C	Weak or Absent	Up	Down	Down	11.53%
Apr 12	C	Weak or Absent	Up	Flat	Down	7.55%