Trend Table for PTF - Pender Growth Fund (VCC) Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	B	Weak or Absent	Up	Up	Flat	0.00%
Nov 21	A	Weak or Absent	Up	Up	Up	-0.63%
Nov 20	B	Weak or Absent	Up	Up	Flat	0.82%
Nov 15	A	Weak or Absent	Up	Up	Up	-0.80%
Nov 7	B	Weak or Absent	Up	Up	Up	-0.45%
Nov 6	B	Weak or Absent	Up	Up	Flat	0.91%
Nov 4	A	Weak or Absent	Up	Up	Flat	0.82%
Nov 1	A	Weak or Absent	Up	Up	Up	0.82%
Oct 31	B	Weak or Absent	Up	Flat	Down	3.16%
Oct 29	A	Weak or Absent	Up	Up	Up	-1.33%