Trend Table for IIPR - Innovative Industrial Properties, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	A	Weak or Absent	Up	Up	Up	-15.89%
Sep 12	A	Weak or Absent	Up	Up	Up	-14.40%
Sep 11	A	Weak or Absent	Up	Up	Up	-13.47%
Sep 10	A	Weak or Absent	Up	Up	Up	-12.97%
Sep 9	B	Weak or Absent	Up	Up	Flat	-11.45%
Sep 6	B	Weak or Absent	Up	Up	Down	-9.97%
Sep 5	B	Weak or Absent	Up	Up	Down	-10.78%
Sep 4	C	Weak or Absent	Up	Up	Down	-10.64%
Sep 3	B	Weak or Absent	Up	Up	Flat	-11.54%
Aug 30	B	Weak or Absent	Up	Up	Up	-12.58%