Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	B	Weak or Absent	Up	Up	Up	2.46%
May 3	A	Weak or Absent	Up	Up	Up	0.98%
May 2	A	Weak or Absent	Up	Up	Up	2.09%
May 1	A	Weak or Absent	Up	Up	Up	4.76%
Apr 30	A	Weak or Absent	Up	Up	Up	6.91%
Apr 29	B	Weak or Absent	Up	Up	Up	11.99%
Apr 26	B	Weak or Absent	Up	Up	Up	13.14%
Apr 25	B	Weak or Absent	Up	Up	Up	12.94%
Apr 24	A	Weak or Absent	Up	Up	Up	12.02%
Apr 23	A	Weak or Absent	Up	Up	Up	12.08%