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
Feb 8	B	Strong	Up	Up	Down	15.47%
Feb 7	B	Strong	Up	Up	Down	15.52%
Feb 6	B	Strong	Up	Up	Down	15.47%
Feb 5	A	Strong	Up	Up	Down	15.86%
Feb 2	A	Strong	Up	Up	Flat	14.36%
Feb 1	A	Strong	Up	Up	Up	13.60%
Jan 31	A	Strong	Up	Up	Up	14.36%
Jan 30	A	Strong	Up	Up	Up	14.04%
Jan 29	A	Strong	Up	Up	Up	14.20%
Jan 26	A	Strong	Up	Up	Up	14.36%