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
Nov 20	C	Weak or Absent	Up	Down	Down	0.31%
Nov 19	C	Weak or Absent	Up	Down	Down	-0.75%
Nov 18	C	Weak or Absent	Up	Flat	Down	-1.19%
Nov 15	B	Weak or Absent	Up	Flat	Flat	-1.28%
Nov 14	B	Weak or Absent	Up	Flat	Flat	-1.32%
Nov 13	A	Weak or Absent	Up	Up	Flat	-1.71%
Nov 12	B	Weak or Absent	Up	Up	Flat	-1.63%
Nov 11	B	Weak or Absent	Up	Up	Up	-2.23%
Nov 8	A	Weak or Absent	Up	Up	Up	-2.91%
Nov 7	B	Weak or Absent	Up	Up	Up	-2.14%