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 22	B	Weak or Absent	Up	Up	Up	3.51%
May 21	C	Weak or Absent	Up	Up	Up	2.72%
May 20	B	Weak or Absent	Up	Up	Up	1.52%
May 17	C	Weak or Absent	Up	Up	Up	1.73%
May 16	C	Weak or Absent	Up	Up	Up	1.93%
May 15	C	Weak or Absent	Up	Up	Up	2.94%
May 14	C	Weak or Absent	Up	Up	Up	5.71%
May 13	D	Weak or Absent	Up	Down	Up	8.54%
May 10	D	Weak or Absent	Up	Down	Up	9.02%
May 9	D	Weak or Absent	Up	Down	Up	9.56%