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 22	A	Strong	Up	Up	Up	11.53%
Mar 21	A	Strong	Up	Up	Up	11.48%
Mar 20	A	Strong	Up	Up	Up	11.53%
Mar 19	B	Strong	Up	Up	Flat	12.85%
Mar 18	B	Strong	Up	Up	Down	13.23%
Mar 15	A	Strong	Up	Up	Flat	12.96%
Mar 14	A	Strong	Up	Up	Flat	12.58%
Mar 13	A	Strong	Up	Up	Flat	12.53%
Mar 12	A	Strong	Up	Up	Flat	12.37%
Mar 11	A	Strong	Up	Up	Up	12.32%