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 24	C	Strong	Up	Up	Flat	29.22%
Nov 22	C	Strong	Up	Up	Flat	29.22%
Nov 21	C	Strong	Up	Up	Flat	28.74%
Nov 20	B	Strong	Up	Up	Flat	27.99%
Nov 17	B	Strong	Up	Up	Flat	27.96%
Nov 16	A	Strong	Up	Up	Up	27.36%
Nov 15	B	Strong	Up	Up	Up	27.89%
Nov 14	B	Strong	Up	Up	Up	28.16%
Nov 13	B	Strong	Up	Flat	Flat	29.99%
Nov 10	B	Strong	Up	Flat	Flat	30.20%