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
Mar 24	F	Strong	Down	Down	Down	44.26%
Mar 23	F	Strong	Down	Down	Down	44.58%
Mar 22	F	Strong	Down	Down	Down	42.22%
Mar 21	F	Strong	Down	Down	Down	41.98%
Mar 20	F	Strong	Down	Down	Down	43.47%
Mar 17	F	Strong	Down	Down	Down	41.64%
Mar 16	D	Strong	Down	Down	Down	37.71%
Mar 15	C	Strong	Down	Down	Down	39.68%
Mar 14	D	Strong	Down	Down	Down	37.64%
Mar 13	D	Strong	Down	Down	Down	39.16%