Trend Table for CNEQ - Alger Concentrated Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	N/A	N/A	Up	23.26%
May 16	B	Weak or Absent	N/A	N/A	Up	23.98%
May 15	B	Weak or Absent	N/A	N/A	Up	23.33%
May 13	B	Weak or Absent	N/A	N/A	Up	26.47%
May 9	A	Weak or Absent	N/A	N/A	Up	26.55%
May 6	A	Weak or Absent	N/A	N/A	Up	26.87%
May 3	B	Weak or Absent	N/A	N/A	Up	28.96%
May 2	B	Weak or Absent	N/A	N/A	Up	31.50%
May 1	F	Weak or Absent	N/A	N/A	Down	33.49%
Apr 30	D	Weak or Absent	N/A	N/A	Down	33.52%