Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	B	Weak or Absent	Up	Up	Up	9.76%
Mar 21	B	Weak or Absent	Up	Up	Up	10.00%
Mar 20	B	Weak or Absent	Up	Up	Up	13.15%
Mar 19	B	Weak or Absent	Up	Up	Flat	15.29%
Mar 18	B	Weak or Absent	Up	Up	Flat	15.71%
Mar 15	C	Weak or Absent	Up	Up	Down	16.40%
Mar 14	C	Weak or Absent	Up	Up	Down	16.19%
Mar 13	B	Weak or Absent	Up	Up	Flat	15.20%
Mar 12	B	Weak or Absent	Up	Up	Up	14.18%
Mar 11	B	Weak or Absent	Up	Up	Up	14.95%