Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	A	Weak or Absent	Up	Up	Up	4.06%
May 2	A	Weak or Absent	Up	Up	Up	5.21%
May 1	A	Weak or Absent	Up	Up	Up	7.96%
Apr 30	A	Weak or Absent	Up	Up	Up	10.18%
Apr 29	B	Weak or Absent	Up	Up	Up	15.42%
Apr 26	B	Weak or Absent	Up	Up	Up	16.60%
Apr 25	B	Weak or Absent	Up	Up	Up	16.40%
Apr 24	A	Weak or Absent	Up	Up	Up	15.44%
Apr 23	A	Weak or Absent	Up	Up	Up	15.51%
Apr 22	A	Weak or Absent	Up	Up	Flat	18.06%