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
Apr 24	D	Weak or Absent	Down	Down	Down	36.89%
Apr 21	D	Weak or Absent	Down	Down	Down	36.75%
Apr 20	D	Weak or Absent	Down	Down	Down	36.68%
Apr 19	D	Weak or Absent	Down	Down	Flat	35.78%
Apr 18	D	Weak or Absent	Down	Down	Flat	35.71%
Apr 17	D	Weak or Absent	Down	Down	Flat	35.78%
Apr 14	D	Weak or Absent	Down	Down	Flat	35.78%
Apr 13	D	Weak or Absent	Down	Down	Flat	35.08%
Apr 12	D	Weak or Absent	Down	Down	Flat	35.76%
Apr 11	D	Weak or Absent	Down	Down	Up	34.80%