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
Aug 19	B	Strong	Up	Up	Up	3.74%
Aug 16	B	Strong	Up	Up	Up	2.78%
Aug 15	B	Strong	Up	Up	Up	3.74%
Aug 14	B	Strong	Up	Up	Up	2.78%
Aug 13	A	Strong	Up	Up	Up	1.09%
Aug 12	B	Strong	Up	Up	Down	7.66%
Aug 9	B	Strong	Up	Up	Down	7.77%
Aug 8	B	Strong	Up	Up	Down	8.82%
Aug 6	B	Strong	Up	Up	Flat	4.23%
Aug 2	B	Strong	Up	Up	Flat	4.13%