Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	C	Strong	Up	Down	Down	47.73%
Aug 15	C	Strong	Up	Down	Down	46.41%
Aug 14	C	Strong	Up	Down	Down	44.03%
Aug 11	C	Strong	Up	Down	Down	44.70%
Aug 10	C	Strong	Up	Down	Down	42.85%
Aug 9	C	Strong	Up	Down	Down	43.18%
Aug 8	B	Strong	Up	Up	Down	39.26%
Aug 7	C	Strong	Up	Up	Down	36.18%
Aug 4	B	Strong	Up	Up	Down	36.02%
Aug 3	B	Strong	Up	Up	Down	34.81%