Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 13	C	Weak or Absent	Up	Up	Up	15.58%
Feb 12	C	Weak or Absent	Up	Up	Up	11.23%
Feb 9	C	Weak or Absent	Up	Up	Up	13.33%
Feb 8	C	Weak or Absent	Up	Up	Up	14.92%
Feb 7	D	Weak or Absent	Up	Flat	Up	18.85%
Feb 6	D	Weak or Absent	Up	Down	Flat	20.91%
Feb 5	D	Weak or Absent	Up	Down	Down	22.67%
Feb 2	D	Weak or Absent	Up	Down	Up	19.67%
Feb 1	D	Weak or Absent	Up	Down	Flat	21.57%
Jan 31	D	Weak or Absent	Up	Down	Down	23.26%