Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 24	B	Weak or Absent	Up	Up	Up	38.47%
Nov 22	B	Weak or Absent	Up	Up	Up	39.22%
Nov 21	B	Weak or Absent	Up	Up	Up	40.45%
Nov 20	B	Weak or Absent	Up	Up	Up	37.69%
Nov 17	B	Weak or Absent	Up	Up	Up	40.15%
Nov 16	B	Weak or Absent	Up	Up	Up	41.66%
Nov 15	B	Weak or Absent	Up	Up	Up	39.52%
Nov 14	C	Weak or Absent	Up	Up	Up	40.03%
Nov 13	B	Weak or Absent	Up	Up	Up	45.32%
Nov 10	B	Weak or Absent	Up	Flat	Up	46.01%