Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 2	C	Strong	Up	Up	Down	34.16%
Aug 1	B	Strong	Up	Up	Up	29.23%
Jul 31	B	Strong	Up	Up	Up	27.68%
Jul 28	B	Strong	Up	Up	Up	29.70%
Jul 27	C	Strong	Up	Up	Down	34.85%
Jul 26	B	Strong	Up	Up	Flat	32.26%
Jul 25	C	Strong	Up	Up	Flat	33.36%
Jul 24	C	Strong	Up	Up	Down	34.12%
Jul 21	C	Strong	Up	Up	Flat	34.06%
Jul 20	B	Strong	Up	Up	Flat	34.01%