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 16	C	Weak or Absent	Up	Up	Up	15.26%
May 15	C	Weak or Absent	Up	Up	Up	16.40%
May 14	C	Weak or Absent	Up	Up	Up	19.53%
May 13	D	Weak or Absent	Up	Down	Up	22.73%
May 10	D	Weak or Absent	Up	Down	Up	23.27%
May 9	D	Weak or Absent	Up	Down	Up	23.88%
May 8	D	Weak or Absent	Up	Down	Up	26.14%
May 7	D	Weak or Absent	Up	Down	Up	23.23%
May 6	D	Weak or Absent	Up	Down	Up	24.03%
May 3	D	Weak or Absent	Up	Down	Up	25.77%