Trend Table for JFWD - Jacob Funds Inc. Jacob Forward ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	C	Weak or Absent	Up	Up	Up	12.42%
May 20	B	Weak or Absent	Up	Up	Up	11.10%
May 17	C	Weak or Absent	Up	Up	Up	11.33%
May 16	C	Weak or Absent	Up	Up	Up	11.55%
May 15	C	Weak or Absent	Up	Up	Up	12.66%
May 14	C	Weak or Absent	Up	Up	Up	15.69%
May 13	D	Weak or Absent	Up	Down	Up	18.79%
May 10	D	Weak or Absent	Up	Down	Up	19.31%
May 9	D	Weak or Absent	Up	Down	Up	19.90%
May 8	D	Weak or Absent	Up	Down	Up	22.09%