Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 12	C	Strong	Up	Up	Up	35.93%
Dec 11	C	Strong	Up	Up	Up	35.00%
Dec 8	C	Strong	Up	Up	Up	36.03%
Dec 7	C	Weak or Absent	Up	Up	Up	39.19%
Dec 6	C	Weak or Absent	Up	Up	Up	40.34%
Dec 5	C	Weak or Absent	Up	Up	Up	41.10%
Dec 4	C	Weak or Absent	Up	Up	Up	36.98%
Nov 30	C	Weak or Absent	Up	Up	Up	46.39%
Nov 29	C	Weak or Absent	Up	Up	Up	48.29%
Nov 28	B	Weak or Absent	Up	Up	Flat	49.48%