Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	A	Weak or Absent	Up	Up	Up	8.45%
Jun 3	A	Weak or Absent	Up	Up	Up	8.86%
May 31	A	Weak or Absent	Up	Up	Up	9.42%
May 30	A	Weak or Absent	Up	Up	Flat	10.36%
May 29	A	Weak or Absent	Up	Up	Flat	11.00%
May 28	A	Weak or Absent	Up	Up	Flat	10.52%
May 24	A	Weak or Absent	Up	Up	Flat	10.63%
May 23	A	Weak or Absent	Up	Up	Down	12.02%
May 22	A	Weak or Absent	Up	Up	Flat	10.68%
May 21	A	Weak or Absent	Up	Up	Up	10.26%