Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	D	Weak or Absent	Up	Down	Down	33.54%
Jan 24	D	Weak or Absent	Up	Down	Down	34.08%
Jan 23	C	Weak or Absent	Up	Flat	Flat	31.98%
Jan 22	D	Weak or Absent	Up	Flat	Down	32.28%
Jan 19	D	Strong	Up	Down	Down	34.32%
Jan 18	D	Strong	Up	Down	Down	35.07%
Jan 17	C	Strong	Up	Down	Down	34.40%
Jan 16	C	Strong	Up	Flat	Down	32.62%
Jan 12	C	Strong	Up	Up	Down	30.93%
Jan 11	C	Strong	Up	Up	Down	29.17%