Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 16	C	Strong	Up	Flat	Down	20.40%
Jan 12	C	Strong	Up	Up	Down	18.86%
Jan 11	C	Strong	Up	Up	Down	17.26%
Jan 10	C	Strong	Up	Up	Down	16.64%
Jan 9	C	Strong	Up	Up	Down	16.90%
Jan 8	C	Strong	Up	Up	Down	16.35%
Jan 5	C	Strong	Up	Up	Down	19.40%
Jan 4	C	Strong	Up	Up	Down	19.27%
Jan 3	C	Strong	Up	Up	Down	19.00%
Jan 2	C	Strong	Up	Up	Down	15.71%