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
Aug 2	C	Strong	Up	Up	Flat	27.74%
Aug 1	B	Strong	Up	Up	Up	26.84%
Jul 31	B	Strong	Up	Up	Up	26.52%
Jul 28	B	Strong	Up	Up	Flat	27.61%
Jul 27	B	Strong	Up	Up	Flat	28.00%
Jul 26	B	Strong	Up	Up	Up	27.22%
Jul 25	B	Strong	Up	Up	Up	27.74%
Jul 24	B	Strong	Up	Up	Up	27.74%
Jul 21	B	Strong	Up	Up	Flat	28.32%
Jul 20	B	Strong	Up	Up	Up	28.20%