Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 23	C	Strong	Up	Down	Flat	32.28%
Aug 22	C	Strong	Up	Down	Down	34.01%
Aug 21	C	Strong	Up	Down	Down	34.27%
Aug 18	C	Strong	Up	Down	Down	35.37%
Aug 17	C	Strong	Up	Down	Down	34.84%
Aug 16	C	Strong	Up	Down	Down	31.68%
Aug 15	C	Strong	Up	Down	Down	30.51%
Aug 14	C	Strong	Up	Down	Down	28.39%
Aug 11	C	Strong	Up	Down	Down	28.98%
Aug 10	C	Strong	Up	Down	Down	27.33%