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
Nov 6	B	Weak or Absent	Up	Up	Flat	-1.54%
Nov 5	A	Weak or Absent	Up	Up	Up	-1.67%
Nov 4	B	Weak or Absent	Up	Up	Flat	-0.89%
Nov 1	B	Strong	Up	Up	Down	-0.75%
Oct 31	B	Strong	Up	Flat	Down	-0.49%
Oct 30	B	Strong	Up	Up	Down	-0.93%
Oct 29	B	Strong	Up	Up	Down	-0.58%
Oct 28	A	Strong	Up	Up	Down	-1.54%
Oct 25	A	Strong	Up	Up	Down	-1.71%
Oct 24	A	Strong	Up	Up	Down	-1.58%