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
Oct 26	B	Strong	Down	Down	Flat	34.49%
Oct 25	B	Strong	Down	Down	Down	34.93%
Oct 24	C	Strong	Down	Down	Down	33.90%
Oct 23	B	Strong	Down	Down	Down	35.08%
Oct 20	C	Strong	Down	Down	Down	34.34%
Oct 19	C	Weak or Absent	Down	Down	Down	35.04%
Oct 18	C	Weak or Absent	Down	Down	Down	33.51%
Oct 17	D	Weak or Absent	Down	Down	Down	33.30%
Oct 16	B	Weak or Absent	Flat	Down	Flat	31.73%
Oct 13	B	Weak or Absent	Flat	Down	Flat	31.95%