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
Jul 6	A	Weak or Absent	Up	Up	Up	31.50%
Jul 5	B	Strong	Up	Up	Up	30.16%
Jul 3	B	Weak or Absent	Up	Up	Up	29.63%
Jun 30	B	Weak or Absent	Up	Up	Up	29.63%
Jun 29	B	Weak or Absent	Up	Up	Up	32.74%
Jun 28	B	Weak or Absent	Up	Up	Up	33.22%
Jun 27	B	Weak or Absent	Up	Up	Up	33.85%
Jun 26	A	Weak or Absent	Up	Up	Up	33.92%
Jun 23	B	Weak or Absent	Up	Up	Flat	35.06%
Jun 22	B	Weak or Absent	Flat	Up	Flat	35.49%