Trend Table for NFLT - Virtus Newfleet Multi-Sector Unconstrained Bond ETF

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Up	Up	Flat	11.77%
May 12	B	Weak or Absent	Up	Flat	Flat	11.83%
May 11	A	Weak or Absent	Up	Up	Flat	11.60%
May 10	B	Weak or Absent	Up	Up	Flat	11.73%
May 9	B	Weak or Absent	Up	Flat	Flat	12.01%
May 8	B	Weak or Absent	Up	Up	Flat	11.85%
May 5	B	Weak or Absent	Up	Up	Flat	11.73%
May 4	A	Weak or Absent	Up	Up	Flat	11.77%
May 3	A	Weak or Absent	Up	Up	Flat	11.47%
May 2	A	Weak or Absent	Up	Up	Flat	11.70%