Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 13	B	Strong	Up	Up	Up	32.19%
Jun 12	B	Weak or Absent	Up	Up	Up	34.28%
Jun 9	B	Weak or Absent	Up	Up	Up	36.66%
Jun 8	B	Weak or Absent	Up	Up	Up	36.22%
Jun 7	B	Weak or Absent	Up	Up	Up	37.68%
Jun 6	B	Weak or Absent	Up	Up	Up	35.10%
Jun 5	B	Weak or Absent	Up	Up	Up	37.06%
Jun 2	B	Weak or Absent	Up	Up	Up	37.88%
Jun 1	A	Weak or Absent	Up	Up	Up	40.35%
May 31	A	Weak or Absent	Up	Up	Up	41.87%