Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Strong	Up	Up	Up	0.00%
May 16	B	Strong	Up	Up	Up	0.20%
May 15	B	Strong	Up	Up	Up	0.78%
May 14	B	Weak or Absent	Up	Up	Up	3.37%
May 13	C	Weak or Absent	Up	Up	Down	8.20%
May 10	C	Strong	Up	Up	Down	9.10%
May 9	C	Strong	Up	Up	Flat	8.70%
May 8	B	Strong	Up	Up	Up	5.78%
May 7	B	Strong	Up	Up	Up	4.10%
May 6	B	Weak or Absent	Up	Up	Up	5.59%