Trend Table for IPO - Renaissance IPO ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	C	Weak or Absent	Up	Down	Down	19.72%
Jul 31	D	Weak or Absent	Up	Flat	Down	14.64%
Jul 30	D	Weak or Absent	Up	Down	Down	16.70%
Jul 29	D	Weak or Absent	Up	Flat	Down	15.07%
Jul 26	C	Weak or Absent	Up	Up	Down	14.04%
Jul 25	C	Weak or Absent	Up	Down	Down	15.82%
Jul 24	C	Weak or Absent	Up	Down	Down	15.47%
Jul 23	B	Weak or Absent	Up	Up	Flat	10.78%
Jul 22	C	Weak or Absent	Up	Up	Flat	11.40%
Jul 19	C	Weak or Absent	Up	Up	Flat	11.83%