Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	B	Strong	Up	Up	Up	11.53%
Mar 21	B	Strong	Up	Up	Up	10.30%
Mar 20	A	Strong	Up	Up	Up	11.58%
Mar 19	C	Strong	Up	Up	Flat	15.20%
Mar 18	B	Strong	Up	Up	Flat	14.66%
Mar 15	C	Strong	Up	Up	Down	15.78%
Mar 14	C	Strong	Up	Up	Flat	15.72%
Mar 13	B	Strong	Up	Up	Up	12.70%
Mar 12	B	Strong	Up	Up	Up	13.22%
Mar 11	B	Strong	Up	Up	Up	13.89%