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
Dec 11	A	Strong	Up	Up	Up	22.57%
Dec 8	A	Strong	Up	Up	Up	22.13%
Dec 7	A	Strong	Up	Up	Up	22.38%
Dec 6	A	Strong	Up	Up	Up	22.44%
Dec 5	A	Strong	Up	Up	Up	23.06%
Dec 4	A	Strong	Up	Up	Up	22.81%
Nov 30	A	Strong	Up	Up	Up	25.03%
Nov 29	B	Strong	Up	Up	Up	26.85%
Nov 28	B	Strong	Up	Up	Up	27.52%
Nov 27	B	Strong	Up	Up	Flat	28.33%