Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 19	C	Strong	Up	Up	Up	2.64%
Aug 16	C	Strong	Up	Up	Up	4.04%
Aug 15	C	Strong	Up	Up	Up	4.48%
Aug 14	C	Strong	Up	Down	Up	7.48%
Aug 13	C	Strong	Up	Down	Up	8.06%
Aug 12	C	Strong	Up	Down	Flat	10.45%
Aug 9	C	Strong	Up	Down	Flat	10.15%
Aug 8	D	Strong	Up	Down	Down	10.79%
Aug 7	D	Strong	Down	Down	Down	15.10%
Aug 6	D	Strong	Down	Down	Down	13.58%