Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	B	Weak or Absent	Up	Up	Flat	5.98%
Sep 25	B	Weak or Absent	Up	Up	Flat	6.00%
Sep 24	B	Weak or Absent	Up	Up	Up	5.24%
Sep 23	B	Weak or Absent	Up	Up	Up	5.70%
Sep 20	B	Weak or Absent	Up	Up	Up	6.15%
Sep 19	B	Weak or Absent	Up	Up	Up	5.49%
Sep 18	B	Weak or Absent	Up	Up	Up	6.39%
Sep 17	A	Weak or Absent	Up	Up	Up	6.65%
Sep 16	B	Weak or Absent	Up	Up	Up	7.20%
Sep 13	B	Weak or Absent	Up	Up	Up	7.53%