Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 7	B	Weak or Absent	Up	Down	Up	27.22%
Sep 6	B	Weak or Absent	Up	Down	Up	26.95%
Sep 5	C	Weak or Absent	Up	Down	Up	26.56%
Sep 1	C	Strong	Up	Down	Up	26.79%
Aug 31	C	Strong	Up	Down	Up	28.09%
Aug 30	C	Strong	Up	Down	Up	27.78%
Aug 29	C	Strong	Up	Down	Up	28.94%
Aug 28	C	Strong	Up	Down	Flat	33.80%
Aug 25	C	Strong	Up	Down	Down	34.40%
Aug 24	C	Strong	Up	Down	Down	35.54%