Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 30	D	Weak or Absent	Up	Down	Flat	20.37%
Jan 29	D	Weak or Absent	Up	Up	Up	17.53%
Jan 26	D	Weak or Absent	Up	Down	Flat	20.68%
Jan 25	D	Weak or Absent	Up	Down	Down	21.03%
Jan 24	D	Weak or Absent	Up	Down	Down	21.53%
Jan 23	C	Weak or Absent	Up	Flat	Flat	19.61%
Jan 22	D	Weak or Absent	Up	Flat	Down	19.89%
Jan 19	D	Strong	Up	Down	Down	21.74%
Jan 18	D	Strong	Up	Down	Down	22.41%
Jan 17	C	Strong	Up	Down	Down	21.81%