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 17	D	Weak or Absent	Down	Flat	Flat	36.37%
May 16	D	Weak or Absent	Down	Down	Down	38.06%
May 15	C	Weak or Absent	Down	Flat	Up	35.54%
May 12	D	Weak or Absent	Down	Down	Down	38.22%
May 11	C	Weak or Absent	Down	Up	Up	33.84%
May 10	C	Weak or Absent	Down	Up	Up	32.99%
May 9	C	Weak or Absent	Down	Up	Up	33.70%
May 8	D	Weak or Absent	Down	Flat	Up	35.59%
May 5	D	Weak or Absent	Down	Down	Up	36.30%
May 4	D	Weak or Absent	Down	Down	Down	39.29%