Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	C	Strong	Up	Down	Down	28.11%
Aug 8	B	Strong	Up	Up	Down	24.59%
Aug 7	C	Strong	Up	Up	Down	21.84%
Aug 4	B	Strong	Up	Up	Down	21.70%
Aug 3	B	Strong	Up	Up	Down	20.62%
Aug 2	C	Strong	Up	Up	Down	20.55%
Aug 1	B	Strong	Up	Up	Up	16.12%
Jul 31	B	Strong	Up	Up	Up	14.72%
Jul 28	B	Strong	Up	Up	Up	16.54%
Jul 27	C	Strong	Up	Up	Down	21.17%